Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing …
BUSINESS
China Crypto Crackdown: Calendar Offers Clue as to ‘Why Now?
China’s crypto-related bans may be more likely during politically sensitive times, such as the 100th birthday of the Communist Party on July 1.
IPO Of Chinese Ride-Hailing Firm DiDi Makes Its President A Billionaire
Shares of the firm, which listed on the New York Stock Exchange on Wednesday, drifted down throughout the afternoon but still boosted the net worth of its billionaire CEO as well.
Shares of Chinese ride-hailing giant Didi gyrate after buzzy IPO
Didi Global, the Beijing-based riding-hailing firm that dominates its home country of China, made its long-awaited debut as a public company on Wednesday, with its shares initially rising nearly 30% …
Trading China stocks after Didi IPO — Tough first half for Chinese tech stocks
Quint Tatro of Joule Financial and Bill Baruch of Blue Line Capital share their takes on the China trade as regulators there crack down on big tech. With CNBC’s Seema Mody.
China’s Didi valued at $80 billion in mega U.S. IPO as shares soar
China’s Didi Global Inc shares soared nearly 19% in their New York Stock Exchange debut on Wednesday, valuing the ride-hailing giant at $80 billion in the biggest U.S. listing by a Chinese company …
Didi IPO: China’s ride-hailer gears up for US offering in quest to go ‘truly global’
Didi went public Wednesday in the biggest US share offering by a Chinese company since Alibaba debuted in 2014.
China’s crackdown on crypto has led to a 23% decline in ether mining over the last month
China’s crackdown on crypto mining has dented ethereum’s hashrate, which has fallen at its fastest pace on record in the last month, since May.
China, Elon Musk Raise Alarm About Bitcoin Energy Use: Here’s How It Could Be Made More ‘Green’
China cracking down on bitcoin mining and Elon Musk suspending Tesla’s acceptance of bitcoin due to the large amounts of energy it takes to mine have both contributed to the cryptocurrency losing …
A key measure of the health of the bitcoin network has tumbled 50% from its peak in May following China’s crypto crackdown
Disclaimer | Accessibility Statement | Commerce Policy | Made In NYC | Stock quotes by finanzen.net The hash rate of bitcoin has dropped 50% from its peak its May, falling to its lowest level in…
China’s Didi set to open over 14% higher in mega US IPO
Didi priced an upsized offering of 316.8 million American Depositary Shares at the upper end of its $13 to $14 range, raising $4.4 billion.
DiDi Global (DIDI) IPO: What You Need To Know
China ride-hailing giant DiDi Global goes public on the NYSE with ticker symbol DIDI. Here’s what you need to know about investing in DIDI.
This Is Why Small-Business Owners Are the Unintended Victims of the U.S.-China Trade War
There are strong trade linkages between China and America. Many of the largest U.S. corporations have extensive business dealings with the world’s second-largest economy. Consequently, the ongoing …
