NEW YORK: Shares of Didi Chuxing plunged on Tuesday (Wednesday in Manila) after Beijing required app stores to pull the Chinese ride-hailing program as part of a widening crackdown on technology companies.

Also falling sharply were Full Truck Alliance and Kanzhun, two other Chinese companies that recently began trading in New York but now face Chinese government probes.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details