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3 Stocks to Watch Amid the China DiDi Selloff

·7 min read
3 Stocks to Watch Amid the China DiDi Selloff
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Chinese ride-hailing company DiDi Global (NYSE: DIDI) has had an eventful public debut -- its shares have fallen by 20% just days after it completed its initial public offering. The stock plunged after Chinese regulators ordered DiDi's app removed from app stores and told the company to cease new user registrations while they conduct a review of its data-collection practices. The Chinese government is also reportedly considering new rules that would allow it to block Chinese companies from listing overseas and increase its regulatory oversight of their business activities.