Shares in Didi Chuxing crashed as much as 25% in pre-market trading on Tuesday, less than a week after the Chinese app listed on the New York Stock Exchange.
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Didi shares crash as traders react to China’s crackdown
Twitter Restricts Account of Expert Who Mocked China Leader
A New Zealand academic says Twitter temporarily restricted her account after she mocked Chinese President Xi Jinping.
Didi drops nearly 30 percent in premarket trading after China orders it removed from app stores.
Didi, the giant Chinese ride-hailing platform, dropped nearly 30 percent in U.S. premarket trading on Tuesday in response to an order by China’s government that the service be removed from app stores …
Twitter restricts tweets of academic who mocked China leader
A New Zealand academic says Twitter temporarily restricted her account after she mocked Chinese President Xi Jinping. University of Canterbury Professor Anne-Marie Brady is an expert on China’s …
Japan maker faces charge over attempted drone motor export to China
A Japanese machine manufacturer and its president were referred to prosecutors Tuesday over a suspected attempt to export to China motors that could be used for military-purpose drones, investigative …
Pakistan’s exports to China increase 34%, amount to $2.33 billion in FY21
Advisor to Prime Minister on Trade and Investment Abdul Razak Dawood says exports have done well in major markets …
China Cyber Watchdog Asked Didi to Delay IPO on Data Concern
Chinese regulators asked Didi Global Inc. as early as three months ago to delay its landmark U.S. initial public offering because of national security concerns involving its huge trove of data, …
Didi says removal of app in China will affect business
Didi is China’s biggest ride-hailing company Didi Chuxing has warned there will be an adverse impact on its revenues after its app was removed from Chinese stores. China’s internet regulator ordered …
NYSE-listed Chinese online property platform Beike to acquire renovations firm in first big deal after founder’s death
New York Stock Exchange-listed Beike Zhaofang, China’s largest online real estate listings and transactions platform, said it was acquiring a home renovations company for up to 8 billion yuan (US$1.2 …
China’s Big Tech Crackdown Puts Dozens of U.S. IPOs at Risk
Chinese companies hoping to list in the U.S. now face a harder task in pitching their shares to prospective investors.
China Asked Ride-hailing Giant Didi To Delay Its $4.4 Billion US IPO: Report
China’s cybersecurity watchdog had urged ride-hailing company Didi Chuxing to delay its $4.4 billion New York IPO in a bid to examine security concerns.
Chinese Regulators Reportedly Suggested Didi Delay Its U.S IPO
Chinese regulators suggested ride-hailing giant DiDi Global Inc. delay its initial public offering in the United States weeks before …
China administered total of 1.318 bln doses of COVID-19 vaccines by July 5
China administered around 12.9 million doses of COVID-19 vaccine on July 5, taking the total to 1.318 billion doses, data from the National Health Commission showed on Tuesday. (Reporting by Liangping …
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