The crackdown on overseas listings comes after Didi Global pushed ahead to list in the U.S., despite reservations from Beijing over the ride-hailing giant's data security, Bloomberg News previously reported. Days after Didi's debut, Chinese regulators announced a probe into the firm and removed its apps from Chinese mobile stores, driving a sell-off in the tech giant's shares. The losses for American investors have fueled calls that the SEC increase oversight of Chinese IPOs.