Didi cyber security probe blindsides shareholders

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Didi cyber security probe blindsides shareholders

Days after stock market debut.

Chinese regulators have gained a reputation for aggressive action, but even hardened investors were shocked by the announcement of a probe into ride-hailing firm Didi just two days after its US$4.4 billion (A$5.8 billion) New York stock market debut. While Didi's initial public offering ...

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