Didi Duo Lose $1.5 Billion as Shares Plunge on China’s Crackdown
- Chinese ride-hailing giant’s ADRs fell 24% in two trading days
- China to tighten oversight of data security, overseas listings
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The duo behind Didi Global Inc. lost $1.5 billion in wealth in two trading days as the Chinese ride-hailing giant’s shares plummeted in New York after Beijing cracked down on the company.