Tag: Crackdown
How Can Investors Navigate China Stocks After the Regulatory Crackdown? | Investing Advice
China’s fast-paced economic growth is a boon to investors, but recent regulation on China stocks listed on U.S. exchanges may have some investors running for the exits. RELATED CONTENT In particular, there’s scrutiny on leading technology companies, which has affected investors via falling stock prices and botched initial public offerings. But savvy investors shouldn’t flee
Crackdown on Didi and companies like it could cost China as much as $45 trillion by 2030
A navigation map on the app of Chinese ride-hailing giant Didi is seen on a mobile phone in front of the app logo displayed in this illustration picture taken July 1, 2021. Florence Lo | Reuters This was a clarifying week for global investors — or for anyone concerned about authoritarian capitalism — of just
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
