"The Crack Of Dawn For Chinese ADRs": Didi Soars Over 50% With China Set To End Probe With Just A Penalty, Restore App
June 06, 2022 at 08:37 AM EDT
Didi's stock exploded more than 50% higher after the WSJ reported that Chinese regulators are preparing to wrap up their investigation into Didi Global Inc. and restore the ride-hailing giant’s main apps to mobile stores as soon as this week.