Tag: regulatory crackdown
Chinese Companies Retreat From IPO Plans Amid Increased Regulatory Scrutiny, Economic Uncertainty
In an unusual shift within China's financial landscape, a significant number of local companies have...
E-Commerce Giant Alibaba to Split Into 6 Firms and Pursue Separate IPOs to Streamline Operations
Alibaba Group, one of the largest e-commerce companies in the world, has announced its plans to split...
Chinese Regulators Slam Ride-Sharing App Didi Global with $1.2 Billion Fine
After a year-long probe into the company’s cybersecurity and data management, Chinese ride-hailing app...
China Points to Regulatory Easing After Tech Meeting, But Analysts Warn it Won’t Be That Simple
On May 17, Chinese officials met with some of the country’s most prominent tech executives amid a year-long...