China Crackdown
The Latest
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Tencent Fires More Than 100 Employees For Violating Policies, Including Embezzlement
A number of those fired and accused of corruption were part of Tencent's PCG arm, which oversees its content output from news to sports and movies A number of those fired and accused of corruption were part of Tencent's PCG arm, which oversees its content output from news to sports and movies -
Didi Stock Soars 50% On Report China's Investigation Is Ending
Didi launched a record-breaking IPO in the U.S. last June, securing more than $4 billion. Didi launched a record-breaking IPO in the U.S. last June, securing more than $4 billion. -
Didi Suspends Plans To Expand Business In The U.K.
Didi declined to comment on the matter, stating that it is still in talks with relevant stakeholders and a consultation team in the UK. Didi declined to comment on the matter, stating that it is still in talks with relevant stakeholders and a consultation team in the UK. -
China Crackdown Wiped Off Over $400 Billion In Value Of U.S.-listed Chinese Companies
Chinese companies with stocks listed abroad lost billions of dollars in value because of continued regulatory actions at home. Chinese companies with stocks listed abroad lost billions of dollars in value because of continued regulatory actions at home. -
Mark Mobius Says China Crackdown A Boon To Smaller Players
Mark Mobius doesn't expect stock selling because of crackdowns to last very long. Mark Mobius doesn't expect stock selling because of crackdowns to last very long. -
Kyle Bass Says China's Didi Ban A 'Big F-U' To The U.S.
Kyle Bass said China knew Didi was going public and it deliberately imposed sanctions against the company as a 'big F-U' to the U.S. Kyle Bass said China knew Didi was going public and it deliberately imposed sanctions against the company as a 'big F-U' to the U.S. -
China Antitrust Regulator Demands Technology Companies Change Practices
The agency has summoned the leaders of large technology companies to a meeting this week. The agency has summoned the leaders of large technology companies to a meeting this week.