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DiDi Global Inc – ADR (NYSE:DIDI) shares are down another 6% on Wednesday and have now fallen well below the company’s IPO price of $14 on news that China is cracking down hard on the ride-sharing company and has removed Didi from the WeChat and Alipay apps. On Tuesday, one Wall Street analyst said China’s treatment of Didi could have significant implications for Tesla Inc (NASDAQ:TSLA) as well.
...read full article on Benzinga
