WASHINGTON—American investors were steamrolled by Beijing again as the ride-hailing giant Didi Chuxing became the latest target of a clampdown by the communist regime just days after its debut on the New York Stock Exchange.
A Chinese cybersecurity regulator on July 2 announced that it was conducting a review on Didi. The officials banned the ride-hailing platform from app stores, saying the company had illegally collected and used personal data.