Didi Chuxing is facing at least two lawsuits in the US and half a dozen inquiries by law firms after its share price dropped sharply on actions by Chinese regulators. Photo: Reuters Didi Chuxing is facing at least two lawsuits in the US and half a dozen inquiries by law firms after its share price dropped sharply on actions by Chinese regulators. Photo: Reuters
Didi Chuxing is facing at least two lawsuits in the US and half a dozen inquiries by law firms after its share price dropped sharply on actions by Chinese regulators. Photo: Reuters

Didi Chuxing sued by American shareholders over stock plunge caused by Chinese regulatory changes, data-collection inquiry

  • The ride-hailing giant lost US$15 billion in market capitalisation on Tuesday alone after rapid-fire moves by watchdogs unnerved investors
  • Didi’s New York IPO was the biggest by a Chinese company in the US since 2014

Topic |   Didi Chuxing
Didi Chuxing is facing at least two lawsuits in the US and half a dozen inquiries by law firms after its share price dropped sharply on actions by Chinese regulators. Photo: Reuters Didi Chuxing is facing at least two lawsuits in the US and half a dozen inquiries by law firms after its share price dropped sharply on actions by Chinese regulators. Photo: Reuters
Didi Chuxing is facing at least two lawsuits in the US and half a dozen inquiries by law firms after its share price dropped sharply on actions by Chinese regulators. Photo: Reuters
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