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Meituan (MPNGF)

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20.28+0.58 (+2.95%)
At close: 01:41PM EDT
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  • Financial Times

    Airbnb/China: exit leaves fat margins to local rivals

    Another US tech group is biting the dust in China. The room rental giant has said it is throwing in its complimentary towel because China’s “zero-Covid” policy has stifled tourism. The withdrawal will help local rivals in this fiercely competitive market.

  • Bloomberg

    China Gathers Private-Sector Firms as Markets Mull Crackdown

    (Bloomberg) -- China’s top political advisory body plans to host a forum next week with some of the nation’s largest private-sector firms including Baidu Inc., an event that will be closely scrutinized by investors debating whether Beijing will dial back its clampdown on the technology industry.Most Read from BloombergOnetime Richest Singapore Tycoon Has Lost 80% of His FortuneMeet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion ImplosionElon Musk Says Twitter Must Prove Bot Claims for

  • Bloomberg

    Chinese Tech Stocks Slide as SEC’s Didi Probe Hurts Sentiment

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