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Chinese tech stocks roiled by worsening crackdown


Chinese tech stocks roiled by worsening crackdown
By
Laura He, CNN Business
Published Jul 9, 2021 7:24:00 AM
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A logo inside the Didi Global Inc. headquarters in Beijing, China, on Monday, July 5. After hitting at ride-hailing company Didi once the firm went public in the United States, Chinese regulators this week piled even more pressure on the country s tech champions.
(CNN)  China is not slowing down with its historic tech crackdown.
After hitting at ride-hailing company Didi once the firm went public in the United States, Chinese regulators this week piled even more pressure on the country s tech champions. Authorities announced a slew of anti-monopoly fines on Wednesday, as well as promises to regulate the irregularities among payments firms on Thursday. ....

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