Didi Extends Drop to Fresh Lows as China Weighs Rule Changes

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Didi Extends Drop to Fresh Lows as China Weighs Rule Changes

Bloomberg2021-07-08

(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad. ...

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Comment（18）

Alykrunch
·2021-07-12
A slump but i think the market will recover after the upcoming dip
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spaceGRN
·2021-07-08
Is all retail investors being protected if they did not apply for the lawsuit as mentioned ?
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1
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Wengho
·2021-07-08
Yes
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HL888
·2021-07-08
If Low, can buy for long term.
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1
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CPCat
·2021-07-08
What is the risk premium for China stocks then?
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1
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JunRen
·2021-07-08
Time to average in
Reply
1
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EHG
·2021-07-08
This is bad
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JFK23
·2021-07-08
Will it still drop
Reply
1
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Saltyninjazz
·2021-07-08
What a timing for the news right after IPO ?
Reply
3
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LuluDog
·2021-07-08
Still can didi in China? Or all go take taxi again
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3
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Toastz
·2021-07-08
[Spurting]
Reply
5
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- Bobamilktea:
  [Surprised]
  2021-07-08
  Reply
  Report
- Saltyninjazz:
  IKR
  2021-07-08
  Reply
  Report
SlowNana
·2021-07-08
Scary
Reply
3
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- LuluDog:
  Haiz
  2021-07-08
  Reply
  Report
- MargaretCWT:
  [Spurting]
  2021-07-08
  Reply
  Report
Stingers
·2021-07-08
You're di-ed
Reply
6
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- DesiCXY:
  Lol
  2021-07-08
  Reply
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- SlowNana:
  Hahah..
  2021-07-08
  Reply
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Cn28
·2021-07-08
:(
Reply
3
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Hunter88
·2021-07-08
Pls like & comment
Reply
4
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- Cicaf:
  Done
  2021-07-08
  Reply
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- SlowNana:
  Done! Please do the same!
  2021-07-08
  Reply
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- Jayk7:
  hmm
  2021-07-08
  Reply
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Gunners80
·2021-07-08
Didi listing is not well timed
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6
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- Stingers:
  pressured by investors
  2021-07-08
  Reply
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elvinfu
·2021-07-08
[白眼]
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1
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Boo2bear
·2021-07-08
Like pls.
Reply
3
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- Bodoh:
  Pls
  2021-07-08
  Reply
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The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":142025085,"gmtCreate":1626105506447,"gmtModify":1703753591488,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://community-static.tradeup.com/news/31f6afa1679347244125537288dce699","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"htmlText":"A slump but i think the market will recover after the upcoming dip","listText":"A slump but i think the market will recover after the upcoming dip","text":"A slump but i think the market will recover after the upcoming dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142025085","repostId":2149314868,"repostType":2,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149402659,"gmtCreate":1625740328471,"gmtModify":1703747510049,"author":{"id":"3584063457502160","authorId":"3584063457502160","name":"spaceGRN","avatar":"https://static.tigerbbs.com/9892e24b16b97bdcd552a3dc221e8ae1","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3584063457502160","authorIdStr":"3584063457502160"},"htmlText":"Is all retail investors being protected if they did not apply for the lawsuit as mentioned ?","listText":"Is all retail investors being protected if they did not apply for the lawsuit as mentioned ?","text":"Is all retail investors being protected if they did not apply for the lawsuit as mentioned ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149402659","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149645385,"gmtCreate":1625725543647,"gmtModify":1703747192707,"author":{"id":"3586915753992855","authorId":"3586915753992855","name":"Wengho","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3586915753992855","authorIdStr":"3586915753992855"},"htmlText":"Yes&nbsp;","listText":"Yes&nbsp;","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149645385","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149648214,"gmtCreate":1625725390338,"gmtModify":1703747188499,"author":{"id":"3586670174247137","authorId":"3586670174247137","name":"HL888","avatar":"https://static.tigerbbs.com/a1dc225c3ddad264b4521f21a6fa5cb6","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3586670174247137","authorIdStr":"3586670174247137"},"htmlText":"If Low, can buy for long term.","listText":"If Low, can buy for long term.","text":"If Low, can buy for long term.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149648214","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149684036,"gmtCreate":1625722895925,"gmtModify":1703747137377,"author":{"id":"3582520228861009","authorId":"3582520228861009","name":"CPCat","avatar":"https://static.tigerbbs.com/3bafaf3d39abfb78a4bedf785310721a","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3582520228861009","authorIdStr":"3582520228861009"},"htmlText":"What is the risk premium for China stocks then?","listText":"What is the risk premium for China stocks then?","text":"What is the risk premium for China stocks then?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149684036","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149811927,"gmtCreate":1625713933869,"gmtModify":1703746963065,"author":{"id":"3559792151176304","authorId":"3559792151176304","name":"JunRen","avatar":"https://static.tigerbbs.com/3d3c721545ff997512f265d7363c9799","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3559792151176304","authorIdStr":"3559792151176304"},"htmlText":"Time to average in","listText":"Time to average in","text":"Time to average in","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149811927","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149148148,"gmtCreate":1625711204684,"gmtModify":1703746889566,"author":{"id":"3586941861951066","authorId":"3586941861951066","name":"EHG","avatar":"https://static.tigerbbs.com/28e4734e50f795c3218330cbb6c3e9a0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586941861951066","authorIdStr":"3586941861951066"},"htmlText":"This is bad&nbsp;","listText":"This is bad&nbsp;","text":"This is bad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149148148","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149143514,"gmtCreate":1625711138238,"gmtModify":1703746887944,"author":{"id":"3577142139469832","authorId":"3577142139469832","name":"JFK23","avatar":"https://static.tigerbbs.com/6bdaa6cc4eddbc577da598bd89525cf0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3577142139469832","authorIdStr":"3577142139469832"},"htmlText":"Will it still drop","listText":"Will it still drop","text":"Will it still drop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149143514","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149157924,"gmtCreate":1625711016068,"gmtModify":1703746882744,"author":{"id":"3576456241160292","authorId":"3576456241160292","name":"Saltyninjazz","avatar":"https://community-static.tradeup.com/news/b64b840095438253ee2a99edb133214c","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3576456241160292","authorIdStr":"3576456241160292"},"htmlText":"What a timing for the news right after IPO ?","listText":"What a timing for the news right after IPO ?","text":"What a timing for the news right after IPO ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149157924","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149150136,"gmtCreate":1625710546325,"gmtModify":1703746869785,"author":{"id":"3581546699205694","authorId":"3581546699205694","name":"LuluDog","avatar":"https://static.tigerbbs.com/3907b71bbdbc645cd47ba9a5e5798afe","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581546699205694","authorIdStr":"3581546699205694"},"htmlText":"Still can didi in China? Or all go take taxi again&nbsp;","listText":"Still can didi in China? Or all go take taxi again&nbsp;","text":"Still can didi in China? Or all go take taxi again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149150136","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149182995,"gmtCreate":1625709402017,"gmtModify":1703746834282,"author":{"id":"3583833181304336","authorId":"3583833181304336","name":"Toastz","avatar":"https://static.tigerbbs.com/3e05b15a2754d3640cd71085625120a9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3583833181304336","authorIdStr":"3583833181304336"},"htmlText":"[Spurting]&nbsp;","listText":"[Spurting]&nbsp;","text":"[Spurting]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/149182995","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5157302,"gmtCreate":1625718584116,"gmtModify":1663230687542,"authorId":3584233964056341,"author":{"id":3584233964056341,"idStr":"3584233964056341","authorId":3584233964056341,"name":"Bobamilktea","avatar":"https://static.tigerbbs.com/0b2341176c6587efba48c7f8fef29b44","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149182995,"type":1,"supId":0,"prevId":0,"content":"[Surprised]","text":"[Surprised]","html":"[Surprised]"},{"id":5156268,"gmtCreate":1625711093180,"gmtModify":1663230685833,"authorId":3576456241160292,"author":{"id":3576456241160292,"idStr":"3576456241160292","authorId":3576456241160292,"name":"Saltyninjazz","avatar":"https://community-static.tradeup.com/news/b64b840095438253ee2a99edb133214c","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149182995,"type":1,"supId":0,"prevId":0,"content":"IKR","text":"IKR","html":"IKR"}],"langContent":"EN"},{"id":149183543,"gmtCreate":1625709265282,"gmtModify":1703746830180,"author":{"id":"3586490126059662","authorId":"3586490126059662","name":"SlowNana","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3586490126059662","authorIdStr":"3586490126059662"},"htmlText":"Scary&nbsp;","listText":"Scary&nbsp;","text":"Scary","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/149183543","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5156175,"gmtCreate":1625710556879,"gmtModify":1663230685536,"authorId":3581546699205694,"author":{"id":3581546699205694,"idStr":"3581546699205694","authorId":3581546699205694,"name":"LuluDog","avatar":"https://static.tigerbbs.com/3907b71bbdbc645cd47ba9a5e5798afe","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149183543,"type":1,"supId":0,"prevId":0,"content":"Haiz","text":"Haiz","html":"Haiz"},{"id":5156109,"gmtCreate":1625710129750,"gmtModify":1663230682839,"authorId":4087296679642330,"author":{"id":4087296679642330,"idStr":"4087296679642330","authorId":4087296679642330,"name":"MargaretCWT","avatar":"https://static.tigerbbs.com/a7c491af358f392c4e42f11c130abf1f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149183543,"type":1,"supId":0,"prevId":0,"content":"[Spurting]","text":"[Spurting]","html":"[Spurting]"}],"langContent":"EN"},{"id":149189275,"gmtCreate":1625709233097,"gmtModify":1703746828218,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":2,"crmLevelSwitch":0,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"htmlText":"You're di-ed","listText":"You're di-ed","text":"You're di-ed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/149189275","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5156113,"gmtCreate":1625710161166,"gmtModify":1663230682132,"authorId":3586338766082032,"author":{"id":3586338766082032,"idStr":"3586338766082032","authorId":3586338766082032,"name":"DesiCXY","avatar":"https://static.tigerbbs.com/b115bd05d85efc60bff42c9873264224","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149189275,"type":1,"supId":0,"prevId":0,"content":"Lol","text":"Lol","html":"Lol"},{"id":5155965,"gmtCreate":1625709286548,"gmtModify":1663230681140,"authorId":3586490126059662,"author":{"id":3586490126059662,"idStr":"3586490126059662","authorId":3586490126059662,"name":"SlowNana","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149189275,"type":1,"supId":0,"prevId":0,"content":"Hahah.. ","text":"Hahah.. ","html":"Hahah.. "}],"langContent":"EN"},{"id":149189605,"gmtCreate":1625709231807,"gmtModify":1703746828054,"author":{"id":"3586941828829213","authorId":"3586941828829213","name":"Cn28","avatar":"https://static.tigerbbs.com/1e53d23a84d2e39a6128c50b6b7d0f83","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586941828829213","authorIdStr":"3586941828829213"},"htmlText":":(","listText":":(","text":":(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149189605","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149117656,"gmtCreate":1625709164475,"gmtModify":1703746826412,"author":{"id":"3568465315215545","authorId":"3568465315215545","name":"Hunter88","avatar":"https://static.tigerbbs.com/86703ca12fc27292ee7240b13fa4e166","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3568465315215545","authorIdStr":"3568465315215545"},"htmlText":"Pls like &amp; comment&nbsp;","listText":"Pls like &amp; comment&nbsp;","text":"Pls like & comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/149117656","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5155947,"gmtCreate":1625709232610,"gmtModify":1663230683643,"authorId":3582685915272084,"author":{"id":3582685915272084,"idStr":"3582685915272084","authorId":3582685915272084,"name":"Cicaf","avatar":"https://static.tigerbbs.com/89d23feb4d833b076b3c82458b3d41f0","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.23%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149117656,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"},{"id":5155956,"gmtCreate":1625709252189,"gmtModify":1663230679743,"authorId":3586490126059662,"author":{"id":3586490126059662,"idStr":"3586490126059662","authorId":3586490126059662,"name":"SlowNana","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149117656,"type":1,"supId":0,"prevId":0,"content":"Done! Please do the same! ","text":"Done! Please do the same! ","html":"Done! Please do the same! "},{"id":5156341,"gmtCreate":1625711378601,"gmtModify":1635234499954,"authorId":3582018233797881,"author":{"id":3582018233797881,"idStr":"3582018233797881","authorId":3582018233797881,"name":"Jayk7","avatar":"https://static.tigerbbs.com/61fdb0315d51df04227ca28af7bcdf19","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149117656,"type":1,"supId":5155956,"prevId":0,"content":"<u>hmm</u>","text":"<u>hmm</u>","html":"<u>hmm</u>"}],"langContent":"EN"},{"id":149116404,"gmtCreate":1625708982108,"gmtModify":1703746820818,"author":{"id":"3568161254291931","authorId":"3568161254291931","name":"Gunners80","avatar":"https://static.tigerbbs.com/1b631d2d208e0248c96ed1117c4db37e","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3568161254291931","authorIdStr":"3568161254291931"},"htmlText":"Didi listing is not well timed","listText":"Didi listing is not well timed","text":"Didi listing is not well timed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/149116404","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5155960,"gmtCreate":1625709262712,"gmtModify":1663230679741,"authorId":3562475148249558,"author":{"id":3562475148249558,"idStr":"3562475148249558","authorId":3562475148249558,"name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.16%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149116404,"type":1,"supId":0,"prevId":0,"content":"pressured by investors","text":"pressured by investors","html":"pressured by investors"}],"langContent":"EN"},{"id":149138793,"gmtCreate":1625708458312,"gmtModify":1703746805580,"author":{"id":"4087554746740450","authorId":"4087554746740450","name":"elvinfu","avatar":"https://static.tigerbbs.com/ba2c793bc5f9f62e9a9e7fabcd5ba0d2","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":1,"crmLevelSwitch":0,"idStr":"4087554746740450","authorIdStr":"4087554746740450"},"htmlText":"[白眼]&nbsp;","listText":"[白眼]&nbsp;","text":"[白眼]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149138793","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":149131381,"gmtCreate":1625708392043,"gmtModify":1703746802784,"author":{"id":"3578969648963961","authorId":"3578969648963961","name":"Boo2bear","avatar":"https://static.tigerbbs.com/209ae746c8124fe2d5f79aee784d2fcc","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3578969648963961","authorIdStr":"3578969648963961"},"htmlText":"Like pls.&nbsp;","listText":"Like pls.&nbsp;","text":"Like pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/149131381","repostId":2149314868,"repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=fundamental","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"GS":"高盛","K3SD.SI":"u BIDU ADR US$+","CAAS":"中汽系统","MS":"摩根士丹利","BIDU":"百度","JPM":"摩根大通","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5155919,"gmtCreate":1625709106508,"gmtModify":1663230682134,"authorId":3559859558754319,"author":{"id":3559859558754319,"idStr":"3559859558754319","authorId":3559859558754319,"name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.36%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149131381,"type":1,"supId":0,"prevId":0,"content":"Pls","text":"Pls","html":"Pls"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":76,"commentSize":18,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}