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Sources: China sees Didi's decision to go public despite regulator pushback as a challenge to its authority and is considering unprecedented penalties

- Regulators weigh several penalties, from fine to delisting  — Ride-hailing startup raised $4.4 billion in U.S. listing

Bloomberg Edwin Chan

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Discussion

  • @niubi Bill Bishop on x
    Chinese regulators are considering serious, perhaps unprecedented, penalties for Didi after its controversial initial public offering last month https://www.bloomberg.com/... via @technology sticking with what i wrote last week https://sinocism.com/... https://twitter.com/...
  • @pelstrom Peter Elstrom on x
    Scoop: Chinese regulators consider unprecedented penalties for ride-hailing giant Didi Global after its controversial IPO, including fines or a forced delisting. https://www.bloomberg.com/... via @technology