Tag: didi

Chief executive at Piper Sandler does not see Chinese stocks as a smart buy.
Piper Sandler Analyst Warns Against Chinese Stocks
U.S.-listed Chinese stocks have received quite a beating this year as these companies have come under regulatory pressure from both Beijing and Washington. While the S&P has only fallen three percent from the high it...
Beijing Eyeing Take Over of Ride Sharing App, Didi; Encourages State-owned Companies to Invest
The Chinese government is encouraging government-run firms to invest in the Chinese ride-hailing company, Didi, as Beijing considers taking over control of the publicly traded Chinese technology giant, Bloomberg News has reported. It appears Beijing...