Shares of three Chinese companies hit by a regulatory crackdown on the tech sector soared in premarket US trading following signs that Beijing was lifting a probe that slammed the brakes on their operations.
Ride-hailing platform Didi Global, job recruiting platform Boss Zhipin, and Full Truck Alliance—dubbed “Uber for Trucks”—were barred from registering new customers during a yearlong investigation by China’s cyberspace watchdog.
Beijing begins to relax pressure on New York-listed Didi, Boss Zhipin, Full Truck Alliance comes via ChinaTechNews.com.