Didi’s announcement early in December that it planned to leave the US stock market came on the same day that the US Securities and Exchange Commission said it had finalised rules that would mean US-listed foreign companies can be delisted if their auditors do not comply with requests for information from regulators. In recent months, Didi has become one of the most high profile targets of Beijing’s clampdown on the country’s technology industry. Chinese ride-hailing giant Didi Global has seen its losses deepen after Beijing ordered online stores not to offer the company’s app. What do you think about the crackdown ?
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