Will DIDI Set Off US China Capital Market Decoupling? The Story Behind Didi’s Disastrous IPO

China’s ride-sharing giant DIDI had a disastrous #IPO in the U.S.. Two days after #DIDI was listed on the New York Stock Exchange, the Cyberspace Administration of China (CAC) announced that Didi would be placed under cybersecurity review. During that review, new users would be banned from accessing the app. On Sunday, the CAC announced that the DIDI app would be removed from all #Chinese app stores.

Why Did #China initiate a crackdown on DIDI? Will China prevent its digital giants from filing for an IPO in #America? Is this the beginning of a U.S.-China capital market decoupling? #SimoneGao explains in this episode of #ZoomingInChina Tea Time.

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Zooming In is a weekly in-depth/investigative report program hosted by the award-winning journalist Simone Gao. Zooming In focuses on US-China relations, American tradition and values, and critical questions that America faces today. It is known for never shunning tough, controversial issues or complex stories. Exclusive interviews and reports from China, insight from top experts on US and China, good storytelling, and engaging visual presentations make Zooming In one of a kind.
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