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Didi Global considers going private to ease tensions with Chinese authorities amid crackdowns

Didi Global considers going private to ease tensions with Chinese authorities amid crackdowns
foxbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxbusiness.com Daily Mail and Mail on Sunday newspapers.

Didi Global denies media report it plans to go private after $4 4 billion New York IPO

Didi Global denies media report it plans to go private after $4 4 billion New York IPO
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

Chinese Education Stocks in U S Rebound After Sharp Selloff

Jul 28 2021, 11:23 AM July 27 2021, 5:51 PM July 28 2021, 11:23 AM (Bloomberg) The slump in U.S.-listed Chinese shares accelerated Tuesday, wrapping up another day of heavy losses, as investors shunned the assets amid a broad-based crackdown by regulators in Beijing. (Bloomberg) The slump in U.S.-listed Chinese shares accelerated Tuesday, wrapping up another day of heavy losses, as investors shunned the assets amid a broad-based crackdown by regulators in Beijing. In the span of three trading days, the Nasdaq Golden Dragon China Index which tracks 98 of China’s biggest firms listed in the U.S. has plunged more than 19%, its biggest such drop on record. Stocks included in the index have seen $829 billion in value erased since hitting a record high in February with the benchmark being nearly halved.

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