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DIDI shares falls more than 8% in premarket trading.

Tiger Newspress2021-07-16

DIDI shares falls more than 8% in premarket trading.

Officials from seven Chinese government department visited Didi's offices to conduct a cybersecurity review on Friday.

This month, days after its high-profile listing in the U.S., the Cyberspace Administration of China (CAC)announced a cybersecurity review of Didi.

The ride-hailing giant was forced to stop signing up new users and itsapp was also removed from Chinese app stores.

The CAC, China's top cyberspace regulator, alleged that Didi had illegally collected users' data.

The CAC as well as the State Administration for Market Regulation (SAMR), the leading antitrust regulator, were among the seven departments that visited Didi for the network security review.

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Comment75

  • Survivor1
    ·2021-07-23
    sigh
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  • KRIS0330
    ·2021-07-19
    Will DiDi continue to fall? [疑問] 
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    • YeeMeng
      time to bottom fish?
      2021-07-20
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  • CKWong0572
    ·2021-07-19
    Gr8
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  • CIG
    ·2021-07-19
    滴滴淚水流不盡
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    • CIG
      滴滴泪水流不尽
      2021-07-19
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    • FattyLau
      Faint
      2021-07-19
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  • Upswing118
    ·2021-07-19
    End saga quick! 
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  • Hkh
    ·2021-07-19
    Good opportunity during volatility 
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  • JayeR
    ·2021-07-18
    Soon please 
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  • LionCaleb
    ·2021-07-18
    DiDi will be becoming GorGor soon. 
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  • 我i168
    ·2021-07-17
    So doing something, instead of sitting on it? Good sign? [Facepalm] [Surprised] [Speechless] [Cool] 
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    • PJoo
      May take a while to sort out
      2021-07-17
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  • MajorJackpot
    ·2021-07-17
    Again?
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  • CKWong0572
    ·2021-07-17
    Haiz sometimes I just dun understand ??
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  • merlion凡学
    ·2021-07-16
    Dont go againt the big boss
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  • Yiqilaiah
    ·2021-07-16
    I hope it gets back
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    • Yiqilaiah
      [What]
      2021-07-16
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  • PREM
    ·2021-07-16
    Slow and steady 
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  • JC888
    ·2021-07-16
    Apart from the surface where it looks like there is some internal housekeeping activities on-going, is there a sub text that shows that even when listed in the US market, the mighty Mandarin is still able to affect the Land of golden opportunities indirectly ? I just feel that the current mind games between the two is something beyond us mere mortals. Agree ?
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    • 手可摘棉花
      DUn get caught In bEtween. Stay far faR away
      2021-07-17
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  • JC888
    ·2021-07-16
    test
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  • KYHBKO
    ·2021-07-16
    it could be viewed as DIDI failing to do due diligence to protect their users. once corrected, we can expect some up side movements. 
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  • StarGate
    ·2021-07-16
    Cybersecurity reviews will take days to find and resolve if any...not surprising of the premarket reaction 
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  • JCKL488
    ·2021-07-16
    Appreciate this temp fall as a buying opportunity cos it’ll rise steadily for sure
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