Didi Chuxing propels Chinese IPOs to record capital raising in the US in first half of 2021

Investors poured billions into Chinese ride-hailing giant Didi Chuxing’s blowout IPO in New York on Wednesday, ending the first half of the year with a record amount of capital raised by Chinese companies in US markets.

As many as 36 Chinese companies raised US$12.59 billion in US markets in the first half of this year, the highest amount on record, according to Dealogic.