Fall

Didi falls 10% on reports that China is planning heavy penalties for the ride-share giant following its US IPO

4 days ago   |   By Business Insider

A Didi logo is seen at the headquarters of Didi Chuxing in Beijing on November 20, 2020.
REUTERS/Florence Lo/File Photo/File Photo
Didi slipped on news that China is considering serious penalties for the firm following its US IPO.S
Shares of Didi fell 10% as of Thursday noon ET.
Disciplinary measures could include forcing the company to delist or withdraw its US shares, Bloomberg reported.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
Shares of Chinese ride-hailing giant Didi slipped on Thursday on news that regulators in China are considering serious penalties...
Read more ...

 


Search by Tags

   Fall      China      Markets      MI Exclusive      Didi      Didi Global      Didi IPO      Didi initial public offering      Didi stock price      China Stocks      ADR      Didi cybersecurity review      Didi IPO analysis      Didi stock  


Granada's Alhambra

Granada's Alhambra

For me, one of the great joys of travel is having in-person encounters with great art and architecture - which I've collected in a book called Europe's Top 100 Masterpieces... Read more ...

Recipe: Making Alcapurrias at Home

Recipe: Making Alcapurrias at Home

Alcapurrias are a Puerto Rican fritter made with masa of yautía and green bananas and filled with savory meat. They are the perfect comfort food treat and much easier to make... Read more ...

Ask Amy: This woman's place is in the home - alone!

Dear Amy: I am a wife to a good husband who is 12 years older than I am. Read more ...

The GOP governor of Arkansas, where vaccines are lagging and COVID-19 is...

Arkansas Gov. Asa Hutchinson speaks at a news conference at the Arkansas state Capitol in Little Rock, Ark., Tuesday, Aug. 4, 2015. AP Photo/Danny Johnston Arkansas is among... Read more ...

NASA's Mars helicopter nailed its 10th flight - double what engineers had...

The Ingenuity helicopter on Mars, sitting where the Perseverance rover dropped it, on April 5, 2021. NASA/JPL-Caltech NASA's Ingenuity helicopter completed its 10th flight on... Read more ...

After a Hillsong Church member who derided the vaccine online died of...

Brian Houston on the "TODAY" show. "TODAY" show A Hillsong Church member in his 30s died of COVID-19 this week after declining to get vaccinated. The man, who lived in... Read more ...

Robinhood CEO says the company is all-in on crypto and that users can expect...

Baiju Bhatt and Vlad Tenev cofounders and CEOs of Robinhood Robinhood Robinhood CEO Vlad Tenev says the company is focused on expanding its crypto offerings. He said users can... Read more ...

Does Brad Keselowski Own One Single Suit Jacket? Jalopnik Investigates

Does Brad Keselowski Own One Single Suit Jacket? Jalopnik Investigates

NASCAR Cup Series driver Brad Keselowski has been a frequent feature of the motorsport news lately with his swap from Team Penske to a co-ownership and driver role at Roush... Read more ...

The best of the Greater Kruger outside the Sabi Sands

When people think of the Greater Kruger, instantly their mind rushes towards the Sabi Sands. And who could blame them? Filled with a copious amount of wildlife, the Sabi Sands... Read more ...

Robinhood promises to fix 'the issues' that outraged customers when it...

REUTERS/Dado Ruvic/Illustration Robinhood CEO Vlad Tenev acknowledged the company angered many customers after it blocked them from trading GameStop and other red-hot... Read more ...