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The Latest Breaking News from Didi

Stodgy Tax Services IPO Looks Like What U.S. Investors Want from China Now

Key Takeaways: Lichen China has filed for an IPO to raise about $25 million, positioning itself as a potential consolidator in China’s vast, but highly fragmented, tax services market Company points out it should be able to avoid many of the recent controversies now dogging U.S.-listed Chinese stocks By Doug…

Benzinga

DiDi Faces Double Whammy Of US, China Investigations

The U.S. SEC is probing DiDi Global Inc's (NYSE:DIDI) botched U.S. IPO, the Financial Times reports. DiDi's annual report disclosed that "the SEC contacted us and made inquiries in relation to the offering." DiDi President Jean Liu also made her posts on the Chinese social media platform Weibo Corporation (NASDAQ:WB) invisible to her 10 million…

Benzinga

Full Truck Alliance Shift Up a Gear on Regulatory Easing Reports

Key Takeways: Full Truck Alliance shares are up 60% from a mid-March low, including a 32% gain since Friday, on reports that Beijing may ease its regulatory oversight of big tech companies Company is currently undergoing a data security review and said its business could contract in the second quarter…

Benzinga

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China's top leaders signal reprieve for tech companies

Loosening restrictions could remove one source of downward pressure on China's economy.

Axios

Debanhi Escobar’s father on his fight to find the killer who dumped her body in a Mexico motel cistern

EXCLUSIVE: Authorities believe Debanhi Escobar ended up dead in a water tank by accident. In an interview with Independent en Español, her father, Mario Escobar, tells José Luis Montenegro why he’s convinced that’s a lie

The Independent UK

Queenslanders with disabilities left in limbo as wheelchair-accessible taxis fail to turn up to bookings

Queenslanders with disabilities are waiting hours for transport as a lack of taxi drivers and rising fuel costs leaves a shortage of wheelchair-accessible taxis on the roads.

ABC News

Why DiDi Global Shares Are Plunging Today

Senior Chinese officials have pushed back on proposed punishments for DiDi Global Inc (NYSE: DIDI) submitted by the nation's cybersecurity regulator, jeopardizing its Hong Kong listing plans,

Benzinga

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Opinion: China Is Still Investible, but Skills Needed to Succeed Have Changed

Investing in the country requires paying close attention to policymakers’ long-term vision, so deciphering their signals is now crucial

Caixin Global

DiDi Promises a Big Announcement in May

Chinese ride-hailing giant says it pursue listing its shares on the Hong Kong Stock Exchange.

The Street

Why DiDi Global Stock Is Falling

DiDi Global Inc (NYSE: DIDI) shares are trading lower Monday after the company announced a shareholders meeting to vote on voluntarily delisting the company's American Depositary Shares from the New York Stock Exchange.

Benzinga

Crackdown on U.S.-listed Chinese Stocks Ruins Party for China Renaissance, CICC

Key takeaways: • China Renaissance’s revenue fell by a third in the second half of last year from the first half as the number of U.S. IPOs it handled dropped to one from nine

Benzinga

22 Chinese Stocks To Watch Amid Compliance Dispute: Alibaba, Didi And More

Chinese stocks are getting crushed in Thursday's session. Here's what you need to know.

Benzinga

Better Buy for 2022: DiDi Global vs. Uber

In this article I will analyze and compare DiDi Global (DIDI) and Uber Technologies (UBER) to determine which ride-sharing stock is currently a better investment.

StockNews.com

5 Chinese Tech Stocks Wall Street Predicts Will Rally by More than 45%

Despite increased regulatory pressure on Chinese tech stocks, the industry holds enormous long-term growth potential. In addition, Beijing's pledge to support the country’s economy by adopting favorable policies should further aid the sector’s performance. Therefore, Wall Street Analysts expect fundamentally sound Chinese tech stocks DiDi Global. (DIDI), GDS Holdings (GDS),…

StockNews.com

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Benzinga

45 Stocks Moving In Friday's Mid-Day Session

Gainers Grom Social Enterprises, Inc. (NASDAQ: GROM) jumped 62.4% to $1.5500. DiDi Global Inc. (NYSE: DIDI) shares climbed 46% to $3.73.

Benzinga

DiDi Had To Postpone Its IPO After Jack Ma's Ant: Bloomberg

DiDi Global Inc (NYSE:DIDI) had to pull the brakes on its Hong Kong listing as it failed to satisfy China's concerns over sensitive data leak, Bloomberg reports. Uber Technologies Inc's (NYSE:UBER) Chinese counterpart remained vulnerable to the possible derailing of its listing plans and regulatory penalties. The ride-hailing company's main apps were removed from local…

AFP

China's ride-hailing giant Didi to halt Hong Kong listing: report

Beijing (AFP) - China's leading ride-hailing company Didi Global has put plans to list in Hong Kong on hold, a report said Friday, as it struggles to appease Beijing over its handling of user data.

Benzinga

Here's Why DiDi Shares Are Trading Lower Today

China's transport ministry ordered ride-hailing companies to disclose pricing details to the public, Reuters reports as per state broadcaster China Central Television. Wang Xiuchun, deputy director of the Department of Transport Services of the Ministry of Transport, instructed the online ride-hailing firms to set reasonable upper limits on commissions and make them…

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Evening Standard

How reality exceeded Didier Drogba and Florent Malouda’s wildest youthful Champions League dreams at Chelsea

Florent Malouda has revealed how he and Didier Drogba discussed their Champions League dreams during their early days in France - but neither thought they would ever end up winning it together at Chelsea.

Benzinga

DiDi To Slash 20% Workforce Ahead Of Hong Kong Listing: Report

China's Uber Technologies Inc (NYSE:UBER) counterpart DiDi Global Inc (NYSE:DIDI) looks to reduce its overall headcount by 20% as it pushes ahead with its Hong Kong listing, Bloomberg reports. Most of DiDi's core businesses will be affected by the cuts. DiDi aims to reduce expenses ahead of the Hong Kong listing. The report adds that…

Benzinga

Tencent Says It Did Not Make New Investment In DiDi Since IPO

Tencent Holdings Ltd (OTC:TCEHY) revealed not making any new investment in DiDi Global Inc (NYSE:DIDI) since it went public, Bloomberg reports. However, Didi's SEC filings disclosed an increased stake by Tencent. Tencent's filings disclosed the addition of 1.8 million Didi shares to its last-known holdings. Related Content: Why DiDi Global Shares Are Rising The company clarified that Tencent subscribed…

Caixin Global

China Regulators Make Another Call for Better Protection of Gig Workers

Four central government ministries issue guidance order to 11 internet giants including Alibaba, Tencent, Meituan and Didi

Kiplinger

The 25 Biggest US IPOs of All Time

The biggest IPOS in U.S. history include a major chipmaker, a ride-hailing firm and a handful of global telecoms.

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