DIDI News and Press, DiDi Global Inc. American Depositary Shares (each four representing one Class A) From 06/08/22

Despite already having rallied in the early part of the week, Chinese tech companies Didi Global (NYSE: DIDI) , Baozun (NASDAQ: BZUN) , and GDS Holdings Limited (NASDAQ: GDS) skyrocketed again today, up 14.3%, 12.5%, and 8.8%, respectively, as of 1:31 p.m. ET. Di...

Chinese ride-sharing company DiDi Global Inc (NYSE: DIDI) jumped 50% following reports that Chinese regulators had ended investigations into the company. According to the Wall Street Journal, regulators had indicated that they would lift the ban on the company adding new users from ...

Alibaba (NYSE:BABA) shares surged on Wednesday, along with large gains in JD.com (NASDAQ:JD) and Pinduoduo (NASDAQ:PDD), after China approved the second group of domestic licenses for video games, further signs that Beijing is working to support its tech sector. Gains were led by Alibaba (BAB...

Alibaba (NYSE:BABA), JD.com (NASDAQ:JD) and Bilibili (NASDAQ:BILI) shares jumped on Wednesday after China approved a second group of domestic licenses for video games, further signs that Beijing is working to support its tech sector. Gains were led by Bilibili (BILI), which rose more tha...

DiDi Global (NYSE:DIDI) is considering to buy a stake in state-backed Sinomach Automobile's electric-vehicle unit - Reuters. DIDI intends to buy a third of Sinomach's electric-vehicle unit which would cost more than 1B yuan ($150M) to emerge from regulatory shadows as it focuse...

NIO's rally over the past month has contributed to gains of more than 25%. The recent slew of policy support aimed at shoring up the post-COVID economic slump in China is pushing the stock towards the $20-level for the first time since April. With NIO's upcoming earnings release b...

With delisting approved and an end to regulatory probes, uncertainty around DiDi is now significantly reduced. At a P/S of 0.33, the fear around DiDi seems to be an over-exaggeration. Three different delisting scenarios provide huge upside potential for DiDi and investors can capi...

The growth-policy tradeoff created by the global tightening cycle looks set to improve in the second half of the year, according to JPMorgan. "We have potentially passed peak Fed hawkishness and this is expected to be joined by a likely peak in inflation, on a yoy change basis," global strate...

3 Top Penny Stocks to Add to Your Watchlist Right Now With added bullish sentiment in the stock market right now, there are a lot of penny stocks that could be worth watching right now. But, to understand which penny stocks are worth buying, it’s important to do your research...

Wall Street recorded modest gains on Monday, as the major U.S. equity averages continued the uncertain trading that marked last week. Investors continue to seek direction amid fears about interest rates and the economy. Despite the general lack of commitment, solar stocks were able to notch n...