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Didi falls as Chinese officials send police to offices as part of sweeping cybersecurity probe

A task force of seven ministries was sent to conduct an on-site review at Didi's offices as Beijing…

Carla Mozée   


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China expands security review beyond Didi, sending shares of 2 US-listed Chinese tech companies plunging

Stock of Full Truck Alliance and Kanzhun were under heavy selling pressure after China launched sec…

Carla Mozée   


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Chinese regulators call in Didi and 10 other ride-hailing companies, to tell them to fall in line immediately

Transport authorities told the ride-hailing services to review their use of unapproved drivers and …

Sophie Kiderlin   


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Didi climbs as the ride-hail giant reportedly considers handing over control of data to placate Chinese regulators

The ride-hailing firm has suggested various proposals, including handing over its data management t…

Isabelle Lee   


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Didi falls 10% on reports that China is planning heavy penalties for the ride-share giant following its US IPO

Regulators were looking at a range of penalties. Measures could include forcing the company to deli…

Isabelle Lee   


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Didi surges on report it's weighing going private amid regulatory pressure

Didi denied the WSJ report, saying it is "not true" that it's considering a take-private transactio…

Carla Mozée   


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Didi slides 11% after China launches a cybersecurity review of the company days after its US IPO

China's internet regulator said it wants to prevent "national data security risks" with its review …

Carla Mozée   


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Chinese education stocks plunge as Beijing reportedly wants to turn tutoring companies into non-profits

Foreign capital investment into tutoring companies may be banned under potential rule changes.

Carla Mozée   


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Didi pares losses after China cybersecurity review sends stock plummeting

Some members of Congress have blasted China's Didi move, calling for an SEC investigation into whet…

Ethan Wu   


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China is considering a rule change that would close a loophole allowing domestic firms to IPO overseas, report says

The loophole being targeted by Chinese regulators has been used by domestic tech companies to launc…

Carla Mozée   


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US-listed Chinese stocks crash to their lowest point in more than a year as Beijing ramps up its crackdown on corporations

A broad index tracking US-listed Chinese stocks has lost 30% of its value this year alone.

Carla Mozée   


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TikTok owner ByteDance has reportedly canceled its upcoming IPO as China cracks down on tech companies

ByteDance had been valued at $180 billon in a round of funding in December, the Wall Street Journal…

Carla Mozée   


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Weilun Soon   


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Hong Kong's stock exchange has a record number of pending IPOs despite China's crackdown, says new CEO

The IPO pipeline is "significant and healthy," said the CEO of Hong Kong Exchanges & Clearing.

Carla Mozée   


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Short-seller Carson Block says investors in Chinese stocks have been 'pulling the wool over their own eyes' for years amid extreme risk

More than $1 trillion of value has been wiped from stocks impacted by China's ongoing regulatory cr…

Carla Mozée   


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DiDi sinks 22% as the China ride-hail giant plans to hold vote on potential delisting of US shares

DiDi will hold a shareholders' vote on the delisting of its NYSE-listed shares in May. The company …

Carla Mozée   


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Chinese companies listed in the US must disclose the potential for government interference or risk violating the law, top SEC official says

The collapse of Didi stock has attracted attention from politicians and regulators who say the comp…

Ethan Wu   


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Chinese companies that went public in the US this year have tumbled 34% on average during Beijing's crackdown on big business

Chinese stocks listed in the US have slumped as "no company appears safe from a Beijing crackdown,"…

Harry Robertson   


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China crackdown leads self-driving tech startup Pony.ai to put off plans to list in the US, report says

Pony.ai had aimed to list by October through a blank-check merger, Reuters reported.

Carla Mozée   


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China signals its tech crackdown isn't ending anytime soon - and calls for tougher rules in other key industries

Chinese authorities plan to craft new legislation to address national security, tech innovation, mo…

Shalini Nagarajan  Â