News Snapshot:
11:00, 5 July 2021 • Updated Tags For traders News and features News Hong Kong-listed internet firms shares fall as China extends crackdown Share Article Hong Kong-listed shares of China-based tech firms slumped on Monday after the ride-hailing firm Didi Global fell victim to the Chinese government’s crackdown on the country’s established internet companies. The Cyberspace Administration of China (CAC) called for the removal of Didi’s app from smartphone app stores in the country on consumer data protection grounds. This development came less than a week from Didi’s trading debut on the New York stock exchange. The CAC also announced...
