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China’s crackdown puts at least 70 IPOs, billions in fees on ice – Aljazeera.com

A chill has settled over global finance since China announced closer scrutiny of offshore listings, crackdown of Didi.

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Just months after bankers celebrated a record haul from taking Chinese companies public in New York and Hong Kong, theyve had a rude awakening. Deals are being shelved and investors are nursing heavy losses.
A chill has settled over global finance after…

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