Trends - Didi Chuxing - Business Recorder

Didi Chuxing

China’s Weibo falls on Hong Kong debut

HONG KONG: China’s Twitter-like social media platform Weibo fell during its debut on the Hong Kong stock exchange...

Published 09 Dec, 2021 04:29am

World

China orders ride-hailing firms Didi, Meituan to stop 'disorderly expansion'

BEIJING: Chinese regulators have summoned ride-hailing giant Didi Chuxing and ten other car platforms to demand they...

Published 03 Sep, 2021 04:58am

Business & Finance

China tries to ease investor fears over crackdown: report

China's recent crackdown has impacted nearly every aspect of modern life

Published 29 Jul, 2021 10:00am

Technology

Why China is hobbling its tech sector

The travails of ride-hailing giant Didi Chuxing this week carried a cautionary tale for digital big hitters: what goes up, can come down... and fast

Updated 11 Jul, 2021 12:31pm

Technology

Didi shares plunge in pre-market trading in wake of Beijing crackdown

Cyberspace Administration of China had ordered removal of the Didi app after investigations found its user data collection in 'serious violation' of regulations

Published 06 Jul, 2021 07:32pm

Markets

Chinese ride-hailing app Didi surges in NYSE debut

NEW YORK: Shares of Chinese ride-hailing giant Didi Chuxing rocketed higher Wednesday in its first trading session...

Published 01 Jul, 2021 04:09am

Markets

Didi Chuxing eyes $4bn NY IPO

NEW YORK: Chinese ride-hailing giant Didi Chuxing plans to raise up $4 billion in a US initial public offering, ...

Published 28 Jun, 2021 04:38am

Markets

China's IPO-bound Didi probed for antitrust violations

In 2016, Uber Technologies Inc sold its operation to Didi in exchange for a 17.5% stake in the Chinese firm, which also made a $1 billion investment in Uber.

Published 17 Jun, 2021 11:10am

Markets

Chinese ride-hailing app Didi files for NY listing

NEW YORK: Ride-hailing giant Didi Chuxing has filed to list its shares in New York, a high-profile move by a Chinese...

Published 14 Jun, 2021 03:39am

Singapore’s Grab to go public in world’s biggest $40b SPAC merger

SINGAPORE: Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, clinched a merger on...

Updated 14 Apr, 2021 10:11am

Business & Finance

China's Didi picks Goldman, Morgan Stanley for mega U.S. IPO - sources

Didi, backed by Asian technology investment giants SoftBank, Alibaba and Tencent, is looking to list as soon as July, according to the people.

Published 10 Apr, 2021 10:24am

Markets

Didi leans towards NY for IPO, eyes valuation of at least $100bn

HONG KONG: China’s top ride-hailing firm Didi Chuxing is leaning toward picking New York over Hong Kong for its...

Published 29 Mar, 2021 06:05am

Business & Finance

China's Didi raises $1.5bn for freight unit

The funding, the unit's first round, was led by investors including Singapore state investor Temasek Holdings, CPE and IDG Capital, said the source, who declined to be named as the issue is not public.
The on-demand logistics services sector in China however is considered to be a crowded market, with Manbang, Huolala and Kuaigou as market leaders.

Published 26 Jan, 2021 05:12pm

Markets

SoftBank Group sells Uber shares worth $2bn

By the end of March, Uber's share price had fallen below $15, from $42 on its first day of trading in May 2019.

Published 12 Jan, 2021 10:08am

Business & Finance

Asia's capital markets to focus on vaccine in 2021, say bankers

The $37 billion Ant Group IPO, shelved in November when China announced a new regulatory regime for fintech companies, would have propelled Hong Kong to the top of the global rankings.

Published 23 Dec, 2020 11:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 22	278.92
USD PKR Interbank Buying / Jan 22	278.72
USD to Japanese Yen / Jan 22	155.66
USD to Swiss Franc / Jan 22	0.91
Pound Sterling to USD / Jan 22	1.23
Euro to USD / Jan 22	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
Nasdaq / Jan 21	19,756.78
Dow Jones / Jan 21	44,025.81
India Sensex / Jan 22	76,197.90
Tokyo Nikkei / Jan 22	39,646.25
Hang Seng / Jan 22	19,778.77
FTSE 100 / Jan 22	8,579.82
Germany DAX 30 / Jan 22	21,258.81

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Petrol/Litre / Jan 22	256.13
Crude Oil USD/Barrel / Jan 22	75.52
Gold Spot USD/Ounce / Jan 22	2,751.94
Diesel/Litre / Jan 22	260.95

Gainers
Losers
Leaders

Stock	Price
Apna Microfin. / Jan 22 Apna Microfinance Bank Limited(AMBL)	10.49 ▲ 0.96 (10.07%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	24.29 ▲ 2.21 (10.01%)
Pak Elektron (Pref) / Jan 22 Pak Elektron Limited (Preference)(PELPS)	14.94 ▲ 1.36 (10.01%)
Ashfaq Textile / Jan 22 Ashfaq Textile Mills Limited(ASHT)	15.51 ▲ 1.41 (10.00%)
Crescent Cotton / Jan 22 Crescent Cotton Mills Limited(CCM)	54.45 ▲ 4.95 (10.00%)
Fecto Cement / Jan 22 Fecto Cement Limited(FECTC)	116.40 ▲ 10.58 (10.00%)
Fateh Sports / Jan 22 Fateh Sports Wear Limited(FSWL)	86.43 ▲ 7.86 (10.00%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)

Stock	Price
First Capital Equities / Jan 22 First Capital Equities Limited(FCEL)	5.30 ▼ -0.70 (-11.67%)
Nagina Cot. / Jan 22 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Zahid Jee Textile / Jan 22 Zahidjee Textile Mills Limited(ZAHID)	27.21 ▼ -3.00 (-9.93%)
Gulistan Sp. / Jan 22 Gulistan Spinning Mills Limited(GUSM)	11.58 ▼ -1.26 (-9.81%)
TPL Life Insur. / Jan 22 TPL Life Insurance Limited(TPLL)	51 ▼ -5.50 (-9.73%)
Masood Textile / Jan 22 Masood Textile Mills Limited(MSOT)	49.05 ▼ -5.27 (-9.70%)
Karam Ceramics / Jan 22 Karam Ceramics Limited(KCL)	55.98 ▼ -5.92 (-9.56%)
Mari Energies / Jan 22 Mari Energies Limited(MARI)	598 ▼ -61.53 (-9.33%)
Hala Enterprise / Jan 22 Hala Enterprises Limited(HAEL)	12.10 ▼ -1.21 (-9.09%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.04
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	99,158,485 ▼ -0.07
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	83,500,175 ▲ 3.03
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.02
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 3.23
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▼ -0.08
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 1.04
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.10
Fauji Foods Ltd / Jan 22 Fauji Foods Limited(FFL)	18,601,390 ▼ -0.41

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