Shenzhen gives green light to fully autonomous vehicles chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
Shenzhen, a city that pioneered reform and opening-up in China, will allow fully autonomous vehicles to run on certain roads, as the city in Guangdong province unveiled the nation s first regulation tailored for smart and internet-connected vehicles.
Didi nets $4.4b from NY float, but faces challenges By MA SI | CHINA DAILY | Updated: 2021-07-02 09:03 Share CLOSE Traders work during the IPO of ride-hailing company Didi Global Inc on the New York Stock Exchange floor in New York City on Wednesday. [Photo/Agencies]
American depositary shares of Chinese ride-hailing giant Didi Global Inc ended their first trading day on the New York Stock Exchange 1 percent higher at $14.14 on Wednesday (local time), giving the company a market value of about $68 billion, but also sparking talk of a tough business environment ahead.
The Beijing-based company raised $4.4 billion from its IPO of about 317 million ADS, or about 10 percent more than originally planned, according to an updated filing.