These are the 20 most-shorted Chinese stocks right now as skeptics wager billions amid regulators'' crackdown on US-listed companies Summary List Placement Just days after Didi Global ''s $4.4 billion initial public offering in New York, the Cyberspace Administration of China launched an investigation into the country''s largest ride-hailing provider. Since then, Chinese regulators have ordered not only the Didi app but also 25 apps it operates to be deleted from smartphone app stores. The drastic moves had cost the company more than $10 billion in market value as of Friday. The sell-off quickly spread to other US-listed Chinese stocks after the internet regulator proceeded to propose rules that would require tech companies to seek cybersecurity checkups before they can pursue overseas listings. The KraneShares CSI China Internet Fund ETF (KWEB) and Invesco Golden Dragon China Portfolio ETF (PGJ) were down 3.29% and 4.65% respectively over the past week. Chinese companies have long gone public via a variable interest entity structure that bypasses the country''s restrictive foreign ownership rules in sensitive sectors.