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Tuesday, July 6, 2021

Didi and Other U.S.-Listed Chinese Tech Companies Tumble Amid Beijing Crackdown - Barron's

U.S.-listed shares in Didi Global and other Chinese app makers tumbled on Tuesday after regulators intensified a crackdown on the country’s New York-listed technology companies.

Didi Global (ticker: DIDI) stock fell more than 25% on Tuesday after Beijing’s Cyberspace Administration ordered app stores to remove the Chinese ride-hailing giant’s services from its platforms on Sunday. 

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