NEW YORK -- Shares in Chinese stocks tumbled in U.S. trading on Friday following reports that Beijing ordered ride-hailing group Didi Global to delist from the New York Stock Exchange and Nasdaq-listed e-commerce platform Pinduoduo missed quarterly revenue expectations.
Markets
Chinese tech stocks Didi and Pinduoduo tumble on Wall Street
Scrutiny from Beijing and disappointing sales lead to declines
Didi's stock has dropped more than 40% since its initial public offering at the end of June. © Reuters
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