Didi’s $4.7bn loss shows damage of Beijing’s onslaught against Chinese tech companies

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Surprise disclosure comes as ride-hailing giant prepares for Hong Kong listing after forced exit from New York

Didi Global headquarters in Beijing, China. File photo: BLOOMBERG/YAN CONG

The ride-hailing giant is planning to work with Goldman Sachs, CMB International and CCB International on the shift, which could be a so-called listing by introduction, people familiar with the matter said. That arrangement, which does not involve any fundraising, requires little marketing and would allow US investors to swap their shares for the new stock in Hong Kong.

“It’s clear that many investors have underestimated the impact of the regulatory reforms,” said Justin Tang, head of Asian research at United First Partners. “Didi’s disclosure of its losses might be a benchmark for investors. Sentiment is still weak for these Chinese tech names and investors are focused on any reason to sell.”

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Didi’s $4.7bn loss shows damage of Beijing’s onslaught against Chinese tech companiesSurprise disclosure comes as ride-hailing giant prepares for Hong Kong listing after forced exit from New York Taking care of my debts and giving my family the best financially is what I have long waited for, TarellaCampbel thank you for helping me gain financial success.
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

Didi’s $4.7bn loss shows damage of Beijing’s onslaught against Chinese tech companiesSurprise disclosure comes as ride-hailing giant prepares for Hong Kong listing after forced exit from New York Taking care of my debts and giving my family the best financially is what I have long waited for, TarellaCampbel thank you for helping me gain financial success.
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

ProShares plans to launch a metaverse ETF that tracks companies like Apple and MetaThe ETF will track the performance of companies involved in metaverse-related technologies, if approved by regulators, the filing showed.
Fuente: BISouthAfrica - 🏆 34. / 51 Leer más »