Chinese Regulators Move to Ban Foreign IPOs for Tech Companies Since the infamous collapse of the Didi IPO, Chinese regulators have cracked down on companies housing significant amounts of sensitive consumer data. However, they have ramped up their efforts even further, in a move that will prevent the country’s tech firms from listing abroad. According to the Wall Street Journal which cited people familiar with the matter, China’s Securities Regulatory Commission is planning to create a new set of rules to vet IPOs looking to list abroad, particularly companies with large amounts of user data. If implemented, the rules would...