The people, who declined to be identified as the information was private, said they expected China’s cyberspace regulator to finalise any penalties on the company in December. SOURCES CHINABASED KEEP LINKDOC US IPOTIMES FULL. The company has set aside 10 billion yuan (approximately $1.6 billion) for a potential fine, said one of the sources. Including the 4.4 billion raised by Didi, a total of 36 Chinese companies have sold shares in New York this year, raising a total of 12.6 billion, according to Dealogic. In July, the powerful Cyberspace Administration of China (CAC) ordered app stores to remove 25 mobile apps operated by Didi – just days after the ride-hailing giant listed in New York. It is the first known Chinese firm to pull back from its IPO plans since the crackdown began last week with an investigation by China's cybersecurity regulator into ride-hailing giant Didi Global Inc just two days after it made its New York debut.eijing said on Tuesday that it would strengthen supervision of all Chinese firms listed offshore. German coalition delays decision on 5G rollout It also told the company to stop registering new users, citing national security and the public interest.Īsked about its preparations to relaunch the apps and the amount set aside for a potential fine, Didi said the information obtained by Reuters was “pure hearsay with no grounds in fact” and that it was cooperating actively and fully with the cybersecurity review. The CAC did not respond to a request for comment.ĭidi shares listed on the New York Stock Exchange rose as much as more 6.7% in early trading on Thursday following the report before slipping back.ĭidi, which has about 377 million annual active users in China, provides 25 million rides a day to users in the country who sign into its app with a phone number and password.
0 kommentar(er)
