$DiDi Global (Delisted) (DIDI.US)$ *Sell while u still can s...
$DiDi Global (Delisted) (DIDI.US)$ *Sell while u still can sleep*
Beijing pressed ahead with moves to assert greater control over technology companies, continuing a campaign that’s roiled financial markets from New York to Shanghai.
Beijing pressed ahead with moves to assert greater control over technology companies, continuing a campaign that’s roiled financial markets from New York to Shanghai.
In a flurry of action Friday, authorities summoned the country’s largest technology companies for a warning on data security, vowed tighter oversight of overseas share listings and accused ride-hailing companies of anti-competitive behavior.
A meeting of the Communist Party’s Politburo chaired by President Xi Jinping offered investors little reassurance that overhauls tightening the state’s grip on industries fromprivate educationtotechnologyandpropertywill slow in the second half. The 25-member Politburo pledged “improvement” in the system for approving overseas listings by companies, Xinhua reported, without giving details.
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