China’s proposed rules for overseas IPOs and the implications for Hong Kong

China’s proposed rules for overseas IPOs and the implications for Hong Kong

An investor stands at a trading terminal in front of an electronic stock board at a securities brokerage in Shanghai, China, on Friday, June 9, 2017. Photographer: Qilai Shen/Bloomberg

The turmoil that followed Didi Global Inc.’s $4.4 billion listing on the New York Stock Exchange last year was not only unprecedented, but may also prove to be the final straw for listings of Chinese mainland companies in US equity markets.

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