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[https://http://broadoceanconstruction.com/ broadoceanconstruction.com]<br>By Medha Singh<br> <br>Dec 3 (Reuters) - U.S.-listed shares of Alibaba, Baidu, JD.com and other Chinese firms fell on Friday as ride-hailing giant Didi Global Inc's decision to delist from the New York Stock Exchange added to worries over stricter regulatory scrutiny at home and tense Sino-U.S.<br><br>relations.<br> <br>Shares of Didi, which is now pursing a Hong Kong listing after succumbing to pressure from Chinese regulators concerned about data security, were down 6.5% at $7.29. The company had priced its IPO at $14 apiece in June to raise $4.4 billion.<br> <br>"It will now set a precedent for other U.S.-listed companies, especially those with data concerns," said Justin Tang, head of Asian Research at United First Partners, Singapore.<br> <br>"The crackdown started with Ant's botched IPO. The Chinese government has already shown that it will go beyond what the market has expected. It will be a while before sentiments thaw in relation to Chinese names."<br> <br>Heavyweights Alibaba, Baidu and JD.com shed between 4.5% and 5%, with investors on edge as Beijing targets sectors ranging from gaming to education.<br> <br>Education companies TAL Education and New Oriental Education & Technology Group fell 4.5% and 6%, respectively.<br> <br>KraneShares CSI China Internet ETF dropped about 4%, plumbing service business plan ([https://googleinfotech.com/listing/ontario/caledon-east-671/business-services/plumbs-up-plumbing-drains-caledon-on here are the findings]) lowest in nearly two years, while e-commerce platform Pinduoduo, mobile game publisher Bilibili , live-streaming gaming platforms operator HUYA dropped between 5% and 6%.<br> <br>Meanwhile, the U.S.<br><br>Securities and Exchange Commission said on Thursday Chinese companies listing on U.S. stock exchanges must disclose whether they are owned or controlled by a government entity, and provide evidence of their auditing inspections. (Reporting by Medha Singh in Bengaluru, additional reporting by Anshuman Daga in Singapore; Editing by Sriraj Kalluvila)<br><br>adverts.addToArray("pos":"inread_player")Advertisement | |||