Source: Tech – South China Morning PostChina’s government regulators suspect that the June 30 initial public offering by Didi-Chuxing in New York was a deliberate act of deceit, a characterisation that underscores the severity of the fundraising exercise and the potential storm to come, according to four sources familiar with the matter.The Beijing-based ride-hailing service raised US$4.4 billion in a stock sale in the US even while its core business is in China – where it dominates 90 per cent of the market.Some officials are…Read More