Dida in new drive on the road to Hong Kong listing
The ride-sharing company made its fourth filing for a Hong Kong IPO at the end of last month, seeking new fuel for its business five years after its last funding…
CHINA BULLETIN: Long live the private sector!
In this week’s issue China’s private sector gets a major new booster, and TikTok and battery makers get warnings. On a scale of 1 to 10, we give the week a 5 for offshore-listed China stocks.
CHINA BULLETIN: No New Year Cheer for Exports
In this week’s issue exports tank and steel output slides, while Didi drives back into China app stores. On a scale of 1 to 10, we give the week a 6 for offshore-listed China stocks.
Didi Slapped With Hefty $1.2 Billion Fine. How Was the Amount Determined?
The Chinese government announced an enormous fine of $1.2 billion on Didi but did not explain the methodologies behind the calculation Key Takeaways: China’s cybersecurity regulator imposed a big fine…
Full Truck Alliance Shifts Up a Gear on Regulatory Easing Reports
Trucking app operator’s shares have surged 32% over the last two trading days, even as it forecast Omicron disruptions could cause its business to contract in the second quarter Key…
DiDi’s Delisting Plan Just the Start of a Tough Road Ahead
The company often called China’s Uber will convene a shareholder meeting on May 23 to vote on a plan to delist from New York less than a year after its…
TuSimple Looks to Decouple From China. Others to Follow?
Autonomous truck technology company is reportedly looking to sell its China business for about $1 billion Key Takeaways: Autonomous truck company TuSimple is reportedly looking to spin off its China…
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