$NIO Inc.(NIO)$Didi, Pinduoduo Could Seek China Listings on U.S. Delisting Threat - Bloomberg

China’s reported plan to restrict overseas listings has pundits mulling potential stock-market homecomings for the nation’s largest tech companies, such as Didi Global Inc. and Pinduoduo Inc.

China will ban companies from going public abroad through variable interest entities, a structure commonly used for high-profile listings in the U.S., Bloomberg News reported Wednesday. The country’s securities regulator denied the story, and it isn’t clear whether any potential new rules would require delisting of stocks already trading abroad.