China regulator says govt policies not necessarily linked to overseas IPOs

Chinese ride-hailing giant Didi Global said it planned to delist from the New York Stock Exchange, just five months after its debut, and pursue a Hong Kong listing.

BEIJING: China's securities regulator said on Sunday that Beijing's recent policy moves were not aimed at specific industries or private firms, and were not necessarily linked to companies seeking to list in overseas markets.

China has implemented a sweeping regulatory crackdown https://www.reuters.com/business/china-wall-street-regulatory-crackdown-not-aimed-restricting-private-firms-2021-09-20 in recent months on internet companies, for-profit education, and real estate developers, among others.