A trader works during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor on June 30. A state-owned newspaper recently argued that state funds should be the lead investors of Chinese companies running internet platforms to protect user data. Photo: Reuters A trader works during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor on June 30. A state-owned newspaper recently argued that state funds should be the lead investors of Chinese companies running internet platforms to protect user data. Photo: Reuters
A trader works during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor on June 30. A state-owned newspaper recently argued that state funds should be the lead investors of Chinese companies running internet platforms to protect user data. Photo: Reuters

Chinese internet firms’ funding should be led by Chinese investors for data security, state-owned newspaper says

  • A Chinese newspaper run by Xinhua suggests state-controlled funds should be involved in internet companies’ fundraising
  • The same newspaper caused a stock rout last week when it blasted online gaming before walking back some of its phrasing

Topic |   Cybersecurity
A trader works during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor on June 30. A state-owned newspaper recently argued that state funds should be the lead investors of Chinese companies running internet platforms to protect user data. Photo: Reuters A trader works during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor on June 30. A state-owned newspaper recently argued that state funds should be the lead investors of Chinese companies running internet platforms to protect user data. Photo: Reuters
A trader works during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor on June 30. A state-owned newspaper recently argued that state funds should be the lead investors of Chinese companies running internet platforms to protect user data. Photo: Reuters
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