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Chinese Stocks Alert: Why Are DIDI, BABA, JD, PDD Stocks Under Pressure Today?

May 5, 2022
Source: nxtmine.com nxtmine.com
News Snapshot:
Chinese stocks are feeling the heat today as many companies see their shares slip alongside a few pieces of news from Wednesday! Source: humphery / Shutterstock.com Let’s jump right into that below to see what has shares of Chinese stocks falling today! Chinese Stocks Taking a Beating - DiDi Global (NYSE: [DIDI] ) stock is first on our list with the company’s shares dropping 3.5% as of Wednesday afternoon. This comes after the U.S. Securities and Exchange Commission (SEC) announced [a probe into the company’s 2021 initial public offering (IPO)] . On top of that, a shareholder meeting over delisting...
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Tags: Alibaba | arrested | cash | Chinese | commission | delisting | Didi | Founder | Heading | initial public offering | ipo | IT | Jack Ma | JD | JD.com | lithium | Lyft | nasdaq | news | NIO | NYSE | online shopping | Pinduoduo | stock market | stocks

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