Chinese technology stocks fell after China’s cybersecurity regulator widened its review of several of the country’s newest public companies.
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US-listed Chinese shares slump in wake of Beijing crackdown
Shares of Didi Chuxing plunged Tuesday after Beijing required app stores to pull the Chinese ride-hailing program as part of a widening crackdown on technology companies.
Biden Seeks Xi’s Help with North Korea’s Nuclear Weapons, China Asks U.S. to Hear Kim Out
China’s envoy to North Korea “called on the US to take seriously and address the DPRK’s legitimate and reasonable concerns” and a State Department spokesperson told Newsweek that Washington and …
China crackdown on tech and overseas-listed shares prompts sell-off of Didi, others
Didi Global Inc (DIDI.N) shares fell as much as 25% in early U.S. trading on Tuesday in the first session since Chinese regulators ordered the company’s app to be taken down days after its $4.4…
Biden Official Sees ‘Dangerous,’ ‘Delicate’ Balance With Taiwan After China Warns of War
Pacific, stressed a need to walk the line of showing China what actions won’t be tolerated and not escalating tensions.
Shares of Chinese ride-hailing app Didi crash after Beijing crackdown
Billions of dollars wiped off stock value after China orders stores to remove app just days after its US listing …
China’s Xi warns against politicisation, stigmatisation of Covid-19 origin
The origins of the Covid-19 remain a widely debated topic, with some scientists and politicians maintaining that the possibility of a lab leak of the deadly virus exists …
Why China is investigating Didi and other big Chinese tech firms
Didi is the latest company to face intensified scrutiny in a crackdown on some of China’s biggest technology giants. China’s Didi Global Inc. is one of the world’s largest ride-hailing apps.
China sends out another crypto crackdown warning as it orders a Beijing software maker to shut down
Chinese authorities shut down a Beijing software company over suspected involvement with crypto trading as its crackdown continues.
China steps up supervision of overseas-listed firms after Didi IPO drama
China will step up supervision of Chinese firms listed offshore, its cabinet said on Tuesday, days after Beijing launched a cybersecurity investigation into ride-hailing giant Didi Global Inc (DIDI.N) …
Twitter Denies Working With Governments After Accusations of Censoring Complaints on China
“To set the record straight, the assertion that Twitter is in coordination with any government to suppress speech has no basis in fact whatsoever,” Twitter said.
Didi shares plunge in wake of Beijing crackdown
Shares of Didi Chuxing plunged in pre-market trading Tuesday after Beijing required app stores to pull the Chinese ride-hailing program as part of a widening crackdown on technology companies.
China Protests Over Japanese Dy PM’s Comment on Defending Taiwan if Attacked by Beijing
Japanese Deputy Prime Minister Taro Aso has signalled that Tokyo would consider a Chinese invasion of Taiwan an existential threat to its security, allowing Japan to help defend the self-ruled island …
