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.
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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
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