Didi debacle riles lawmakers who seek to block U.S. investors from trading Chinese stocks
July 07, 2021 at 14:41 PM EDT
Chinese regulators decided last Friday to block new users from downloading the country's most popular ride-hailing app, Didi, just weeks after the company debuted on the New York Stock Exchange, sending the company's shares down as much as 25% and triggering a broad reevaluation of the risks of investing in Chinese stocks.