Stocks

  • China launches cybersecurity review of Full Truck Alliance, Kanzhun

    After ride-hailing giant Didi, three more platforms have been subjected to cybersecurity reviews in China.

  • Didi's app ordered to be removed from app stores

    Bad luck is not over for Didi Chuxing, the Chinese ride-hailing giant that just went public in the US after it encountered China's cybersecurity review.

  • Didi hit by cybersecurity review, shares plunge 10% pre-market

    Chinese ride-hailing giant Didi Chuxing has been hit by a cybersecurity review in China, causing its shares to plunge 10 percent in the pre-market Friday.

  • US government reverses ban on TikTok, WeChat

    Trump issued the ban against TikTok and WeChat in 2020 on the grounds that they threatened US national security.

  • Chinese power bank sharing vendor brings its services to 3,000 KFC stores in China

    Energy Monster went public on the Nasdaq on April 1 under the ticker symbol "EM," but its shares has been down about 40 percent so far.

  • Luckin Coffee sued by US stock investors in Shanghai, first case of its kind

    There is no precedent for an investor suing a US-listed company in China, making this case the first of its kind.

  • Meituan opens 1.64% lower after anti-monopoly probe

    China's State Administration for Market Regulation announced on Monday that it had opened an investigation into Meituan's alleged monopolistic practices such as "forced exclusivity".

  • Hong Kong-listed firm's share price doubles after Tencent takes stake

    Feiyu was up 118% at one point in early trading and has now pared its gains to about 63%.

  • Meituan plans to raise nearly $10 billion through stock and convertible bond sale

    After the move Meituan will have $18 billion in net cash, compared with $17 billion for Pinduoduo, $15.7 billion for JD.com and $51.6 billion for Alibaba, Nomura said.