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A comment on Why is China smashing its tech industry?. Parent comment

Re:Why is China smashing its tech industry? by viscanti on Monday August 02, 2021 @03:31PM (#28041523)
Or Didi who had the nerve to IPO outside of China on the NYSE on a date the CCP thought was too close to a party anniversary.
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Re:Why is China smashing its tech industry? by sudosysgen on Monday August 02, 2021 @05:42PM (#28043072)
The Chinese central government was always really ambivalent about foreign IPOs. DiDi has too much control over domestic markets for the Chinese to be comfortable with foreign influence. I don't think it has anything to do with the anniversary.

Actually, the CCP never formally accepted the foreign stock ownership structure, for example. It was always a grey area.

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