Ignore Rumors, Stick to Facts and Hold DiDi Global By StockNews

Don’t hesitate to flex your contrarian muscles and invest in unloved DiDi Global (DIDI) – but first, do your due diligence and forget the FUD.They call it FUD: Fear, Uncertainty and Doubt. Chinese ride-hailing giant DiDi Global DIDI> has its share of problems, I’ll admit, but there’s also plenty of FUD surrounding DIDI stock.

Just to give you an example of this, reports circulated claiming that China’s Beijing city government is advising state-owned companies to invest in DiDi.

However, DiDi categorically denies this, saying that it “is currently actively and fully cooperating with the cybersecurity probe, foreign media reports that Beijing city government is coordinating companies to invest in it are incorrect.”

Continue reading on StockNews

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.