$DIDI.US$ FYI: I do hold a position in didi. but one has to...

FYI: I do hold a position in didi. but one has to be fair in the sharing of information. the current situation.

"Just two days after its New York debut, the CAC announced an investigation into China’s dominant ride-hailing company and subsequently ordered the removal of its apps for download in China.

On Friday, Beijing announced that officials from at least seven departments, including the CAC, Ministry of Transport, and State Administration for Market Regulation (SMAR) were conducting an on-site cybersecurity review of Didi.

Didi, which said on Weibo that it accepts and will firmly comply with requests of relevant authorities to carry out review and rectification of problems, did not respond to a Reuters request for comment".