Day: July 6, 2021

Chinese Tech Giant Shares Plummet after Chinese Regulatory Crackdown

The logo of Didi Chuxing on the wall of its headquarters in Beijing, China, May 18, 2016. (Kim Kyung-Hoon/Reuters) Tech titan Didi Chuxing’s stock shares plummeted more than 20% Tuesday after Chinese regulators ordered its app to be removed from the app store while it conducts a cybersecurity review of the company. Didi is in