The Beijing-based ride-hailing service raised US$4.4 billion in a stock sale in the US. Photo: Reuters
The Beijing-based ride-hailing service raised US$4.4 billion in a stock sale in the US. Photo: Reuters

exclusive | China’s regulators suspect Didi’s US listing was ‘deliberate act of deceit’, a portrayal that shows severity of mistrust, sources say

  • Some officials have privately described Didi’s move as 'yang feng yin wei' – to comply publicly, but defy privately
  • Didi’s US IPO also casts the Cyberspace Administration of China in a bad light, raising questions about its competence, a source said

Topic |   Didi Chuxing
The Beijing-based ride-hailing service raised US$4.4 billion in a stock sale in the US. Photo: Reuters
The Beijing-based ride-hailing service raised US$4.4 billion in a stock sale in the US. Photo: Reuters
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