News Snapshot:
Jon Macaskill June 22, 2021 Full Truck Alliance will list on the NYSE in the latest example of a rush to US listings by Chinese firms. File photo: Reuters. China’s “Uber for trucks” delivers an impressive IPO in New York, setting the scene for Didi and other firms to list. (ATF) Full Truck Alliance (FTA), the Chinese company dubbed the “Uber for trucks”, performed strongly with a rise of more than 18% in its debut on the New York Stock Exchange on Tuesday June 22, giving the startup a valuation of over $24 billion in the biggest US stock market...
