Tech Portfolios Have Risks

The probe into ride-hailing app Didi Chuxing reminds us of lessons learnt from tech giants.

Kate Lin, CAIA 07 July, 2021 | 8:00
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Just two days after it listed on the New York Stock Exchange, the mainland’s Didi Global (DIDI) was hunted down by Chinese authorities, allegedly for its poor management of users’ data. This is the first such case made public by the country’s Cybersecurity Review Office, which cited national security concerns over the Didi Chuxing app’s data collection and use.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
DiDi Global Inc ADR9.19 USD-6.32
Facebook Inc A324.61 USD-5.05Rating
Microsoft Corp309.16 USD-0.51Rating
Snap Inc Class A55.14 USD-26.59Rating
Twitter Inc62.24 USD-4.83Rating
Uber Technologies Inc45.51 USD-2.07Rating

About Author

Kate Lin, CAIA

Kate Lin, CAIA  is a Data Journalist for Morningstar Asia, and is based in Hong Kong

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