Good Morning. Welcome to The Wire’s daily news roundup. Each day, our staff gathers the top China business, finance, and economics headlines from a selection of the world’s leading news organizations.
Paid subscribers automatically have this list emailed directly to their inboxes every day by 10 a.m. EST. Subscribe here.
The Wall Street Journal
Didi’s Revenue Falls After Beijing’s Crackdown Hurts Its China Business — The ride-hailing company’s China mobility business—which includes its core ride-hailing operations—was the main cause for the drop.As Chinese IPOs Stumble, Investors Look Elsewhere in Asia — India, South Korea and Southeast Asia have become sources of alluring, big-ticket initial public offerings.Top Chinese Quant Fund Apologizes to Investors After Recent Struggles — High-Flyer Quant uses artificial-intelligence technology to pick domestic yuan-denominated stocks.SenseTime Shares Jump in Hong Kong Market Debut — U