China cracks down on Didi days after IPO

Treasury Secretary Scott Bessent is trying to force down US Treasury yields with surprise bond buybacks — and it isn't working. In this video we break down Bessent's activist debt management strategy, why doubling the Treasury's long-dated buybacks is a bet on falling interest ra ...  عرض المزيد

Two chip stocks recently drove seventeen percent of the entire global stock market's return in a single month — which tells you just how concentrated the AI trade has become, and how exposed the average investor now is without realising it. In this video we look at how much wealt ...  عرض المزيد

In 2017, the Chinese ride-hailing app was the highest valued start-up in the world at $56bn. But after a difficult period in 2018 following the murder of two passengers on its platform and a government crackdown, Didi has made a move to diversify by offering financial services. T ...  عرض المزيد

Authorities in China ordered Didi to stop taking new ride sharing customers, and banned the sale of the app, because of data sharing issues. Investors in the newly floated company are furious, but this isn’t the first kind of regulatory intervention China has made. So what’s behi ...  عرض المزيد

Didi lost a fifth of its market value after Chinese regulators announced an investigation into the ride-hailing app that last week raised more than $4bn in a New York IPO, the Opec impasse highlights growing tensions between Saudi Arabia and the United Arab Emirates, the Penta ...

Just after the ride-hailing giant made a splashy stockmarket debut, Chinese regulators <a href="https://www.economist.com/business/2021/07/05/didis-removal-from-chinas-app-stores-marks-a-growing-crackdown?utm_campaign=the-intelligence&utm_medium=podcast&utm_source=third-party- ...