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Didi said to halt Hong Kong listing plan on cybersecurity probe

Didi Global Inc has suspended preparations for its planned Hong Kong listing after failing to appease Chinese regulators’ demands that it overhaul its systems for handling sensitive user data, according to people familiar with the matter.

Communist party expels Hangzhou chief over disorderly capital

BEIJING (Bloomberg): The Communist Party expelled its former chief in the eastern city of Hangzhou the base of Jack Ma’s Alibaba Group Holding Ltd. for serious violations of official duties, taking bribes and abuse of power.

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