DiDi Global Inc. American Depositary Shares (each four representing one Class A) News
Uber Stock Slumps As Lyft Drags Ride-Sharing Lower On Surging Cost Hit To Profit Outlook
"Our driver base is at a post-pandemic high and is more engaged on Uber than on other platforms,: said CEO Dara Khosrowshahi. "Importantly, we expect this trend to continue without significant incremental incentive investments."
DiDi Promises a Big Announcement in May
Chinese ride-hailing giant says it pursue listing its shares on the Hong Kong Stock Exchange.
Why Investing in China Keeps Getting Harder
Increased volatility in Chinese shares is being driven by many different factors.
'China is Uninvestable,' Says Renowned Bond Investor Gundlach
Jeffrey Gundlach says he has never invested in China. 'I think that investments in China could be confiscated,' he said.
China's New Rules Limiting Overseas IPOs Go Into Effect
In spite of the clampdown, the rules don't completely prohibit overseas listings, Real Money's Alex Frew McMillan says.
Stock Market Today: Wall Street Extends Record High Push Into Year End on Fading Omicron Concerns
With the S&P 500 extending its run of record high closes to 70 this year, the best since 1995, Wall Street is looking to close out 2021 with another bullish session on Thursday.
China's Biggest Tech Players Lost More Than $80 Billion In 2021
Amid a deteriorating China-U.S. relationship and government crackdowns, the 10 richest technology magnates in China lost a lot of money.
China Tightens Rules for Foreign Stock Listings
Starting Jan. 1, China has ruled, foreign ownership can’t exceed 30%, and no single investor can have more than 10%, in certain companies.
Hong Kong is the Worst Market This Year
Real estate, tech and pressure from Beijing all playing into downtrend, Alex Frew McMillan notes.
Uber Shares Rise as CEO Cites Gross-Bookings Record
'Our overall mobility business continues to get closer to prepandemic levels,' Uber CEO Dara Khosrowshahi says.
Breaking News
Tips for Retirees to Deal with Falling Stocks and Bonds
The markets' slide particularly hurts retirees, who may have to sell some of their stocks and bonds to finance spending.
Your Car Will Likely Be More Expensive
Ford has recently cast a shadow over the auto industry.
Short Sellers Targeted Commodities in September
Short sellers reversed course and sold $19 billion of shorts in September.
Alphabet CEO Pichai Continues to Sound Alarm About the Economy
The parent company of Google and Youtube is preparing for a sharp deterioration in the health of the economy.