Factbox: From e-commerce to education, China’s season of regulatory crackdown
China’s months-long regulatory crackdown on an array of private companies has unsettled tech upstarts as well as decades-old firms, ushering in a new, uncertain environment.
China’s Didi improves pay transparency for drivers
China’s Didi Global Inc (DIDI.N) said on Monday it will provide its drivers in several Chinese cities with more details on the fees they receive, the first big move by the ride-hailing giant after state media accused it of paying drivers unfairly.
EXCLUSIVE Ex-director seeks to stall $2 bln Paytm IPO, company calls it harassment
Paytm’s $2.2 billion IPO is facing an unusual hurdle – a 71-year-old former director has urged India’s markets regulator to stall the offering, alleging he is a co-founder who invested $27,500 two decades ago but never got shares.
China jitters pull Asian stocks to seven-month low
Asia’s stock markets fell to fresh troughs on Tuesday led by a third straight session of heavy selling in Chinese internet giants, while bond and currency markets traded on edge ahead of the Federal Reserve policy meeting.
S&P 500 edges up as investors eye key earnings, Fed meeting
The S&P 500 edged higher and eked out another record closing high on Monday, bolstered by optimism over earnings with heavyweight technology names reporting this week, while caution ahead of a policy meeting by the Federal Reserve kept the market in check.
Analysis: Law without order: investors grapple with China’s regulatory risk
Western investors are wrestling with the risks of investing in U.S. listed stocks of Chinese companies after Beijing embarked on a regulatory crackdown on large swathes of its economy, from the internet sector to private tutoring.
Urban legend: Why Alibaba’s John Caplan is bullish on cities
When it comes to cities in a global pandemic, reports of their demise have been greatly exaggerated, according to John Caplan.
Didi extends slide as Beijing clampdown sounds alarm for U.S.-listed China companies
Didi Global Inc (DIDI.N) fell for the third consecutive session on Wednesday after China ordered the app removed from mobile app stores as part of a broader crackdown on China-based companies with overseas listings.
