China Sets New Rules for Overseas IPOs. What It Means for DiDi, Alibaba, and Others.

China has announced new rules on overseas IPOs, potentially sparking the resumption of Chinese companies listing in New York. Under the new rules, the China Securities Regulatory Commission (CSRC) wil...

Alibaba and Other Chinese Stocks Are Soaring as Clampdown Eases

Chinese stocks are soaring this month with Hong Kong-listed shares in e-commerce giant Alibaba up 31% amid signs China’s regulatory crackdown is thawing and strict Covid-19 controls are being relaxed....

Alibaba Stock Is Soaring. What’s Driving Its Big Move.

Alibaba stock was on a tear Wednesday amid signs that the tough regulatory landscape for Chinese tech stocks—one of two key headwinds facing the sector—is improving. Progress has put investors on a bu...

China Stocks Are No Longer a Sure Thing. Where to Invest Now.

For decades, China has been synonymous with fast growth. Multinational companies invested billions in supply chains and production hubs, and catered to the millions of Chinese who climbed out of pover...

The World’s Largest Hedge Fund Sold 5 Chinese Stocks. Here’s Why.

Text size Bridgewater Associates no longer owned stock in Alibaba Group Holding as of June 30, according to a regulatory filing. Alibaba’s headquarters in Hangzhou, China, is pictured above. STR...

Uber and 10 Other ‘Busted IPOs’ That Could Still Have Value

Text size Of the top five 2021 IPOs ranked by size, all are in the red versus original offering prices, including Rivian Automotive. Justin Sullivan/Getty Images Investors often clamor for access to b...

China Fines Ride-Hailing Giant Didi $1.2 Billion, Citing Cybersecurity Breaches

SINGAPORE—Chinese authorities fined ride-hailing company Didi Global the equivalent of about $1.2 billion, bringing an end to a yearlong investigation into the company’s cybersecurity practices. The f...

Chinese Ride-Sharing Giant Didi Global Fined More Than $1 Billion In Year-Long Cybersecurity Probe

Didi’s ride-sharing app. Costfoto/Future Publishing via Getty Images Chinese authorities have decided to impose an 8 billion yuan ($1.2 billion) fine on embattled ride-sharing giant Didi Global,...

DiDi Stock Rises on Report Chinese Auto Giant FAW Is Considering Buying Stake

Text size DiDi’s value has plummeted since it listed in the U.S. last year. Yan Cong/Bloomberg Shares of Chinese ride-hailing company DiDi Global gained after it was reported that carmaker China...

Alibaba, Bilibili, and China Tech Stocks Slide on Livestreaming Crackdown

Text size DiDi headquarters in Beijing. AFP via Getty Images Chinese technology stocks stumbled Tuesday in Hong Kong amid tighter regulations from Beijing on the country’s livestreaming sector, and on...

DiDi Global Stock Sinks on Plans for U.S. Delisting

Text size The Didi ride-hailing app is displayed on a smartphone. Qilai Shen/Bloomberg DiDi Global shares sank in premarket trading Monday after the Chinese ride-hailing company said it was preparing ...

China’s Big Tech Firms Are Axing Thousands of Workers

BEIJING—China’s biggest tech companies are conducting large-scale layoffs this year as they deal with an economic slowdown and Beijing’s regulatory pressure. Tencent Holdings Ltd. TCEHY -7.14% , opera...

Chinese Ride-Sharing Firm Didi Global Reportedly Laying Off Thousands Of Employees

Didi’s logo is displayed in Hangzhou in China’s eastern Zhejiang province. STR/AFP via Getty Images Chinese ride-sharing firm Didi Global is reportedly laying off 20% of its employees, as ...