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U.S-Listed Chinese Stocks Resume Decline While Didi Jumps – BNN Bloomberg

News Snapshot:

(Bloomberg) — U.S.-listed Chinese stocks resumed their decline on Thursday as investors looked past gains by Didi Global Inc., amid reports the ride-hailing company was considering going private. The Nasdaq Golden Dragon China Index — which tracks 98 of China’s biggest firms listed in the U.S. — fell by 0.5%, reversing some of Wednesday’s surge. Education stocks, the latest target of Beijing’s policy crackdowns, led the decline after two consecutive days of outsized gains. New Oriental Education & Technology Group, Inc. and TAL Education Group dropped by more than 6%, while China Online Education Group shares dipped almost 10%. Didi,…

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