China Bans DiDi in Patriotic Win For America Following 4th of July

China Bans DiDi in Patriotic Win For America Following 4th of July
tookapic / Pixabay

Recently IPO’d Chinese-ride share app DiDi was banned from China’s app store shortly after its IPO. China’s cybersecurity agency banned it after privacy concerns, which the government failed to recognize the irony of.

Get The Full Henry Singleton Series in PDF

Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

Q2 2021 hedge fund letters, conferences and more

DiDi To Remain Banned In China Until It Addresses Security Concerns

“The Chinese government does not condone non-state sanctioned spying of its citizens. Until DiDi addresses privacy and security concerns it’ll remain banned in the app store,” said Suk mi Dik Minister of Cybersecurity in China.

Fund Manager Profile: Kris Sidial Of Tail Risk Fund Ambrus Group

invest Southpoint CapitalA decade ago, no one talked about tail risk hedge funds, which were a minuscule niche of the market. However, today many large investors, including pension funds and other institutions, have mandates that require the inclusion of tail risk protection. In a recent interview with ValueWalk, Kris Sidial of tail risk fund Ambrus Group, a Read More

“This is an incredible win for Uber. Acquire as many shares of Uber as you can,” Mad Money host Jim Cramer said. “At the end of the day red white and blue American technology will always prosper in the end,” he added.

This post first appeared on The Stonk Market

Disclaimer: This is a satirical article.

No posts to display