Anonymous ID: 0f0e8f July 6, 2021, 5:01 p.m. No.69901   🗄️.is 🔗kun   >>9932 >>9949 >>9962 >>9969

>>69178 pb China orders Didi app downloads suspended over data violation

 

Didi shares crash nearly 20%, erasing $14bn in value

 

Shares in Didi Global fell nearly 20% Tuesday as the U.S. stock market priced in the impact of the ride-hailing company's head-on collision with Chinese regulators.

 

The New York-listed stock opened at $11.78, well below last week's IPO price of $14, later narrowing its losses to close at $12.49. Its market cap sunk to around $60 billion, down from more than $74 billion on Friday. The plunge came as U.S. markets reopened after the July 4 holiday, giving investors a chance to trade on the latest regulatory news out of Beijing. On Sunday, the Cyberspace Administration of China (CAC) said it had ordered smartphone app stores to stop offering Didi's app the Chinese ride-hailing market leader after concluding the company had illegally handled users' personal data. Other U.S.-traded Chinese stocks also wilted under authorities' closer scrutiny. Kanzhun, operator of online recruitment app Boss Zhipin, and logistics company Full Truck Alliance which both listed last month in the U.S. also closed sharply lower Tuesday after the CAC cited both companies Monday, ordering them, too, to halt new user registrations. Kanzhun fell nearly 16%, while Full Truck Alliance skidded more than 6%. The crackdown on companies that recently listed in the U.S. comes amid a geopolitical struggle between Beijing and Washington centered in part on technology. The investigation by the CAC will hurt the revenues and profits of the three companies, which are highly dependent on the Chinese market.

 

"For investors, it is clearly a warning sign as no Chinese company seems to be safe from China's regulatory scrutiny," said Zennon Kapron, managing director of consultancy Kapronasia in Singapore. "This was a risk that may have been easily discounted in the past, but no more today." It also could derail the rush by Chinese companies to list in the U.S., although LinkDoc Technology, a medical data company backed by Alibaba Health Information Technology, appears on track to raise up to $210 million in an IPO set to price on Thursday. The offering has generated "investor interest," said a person involved with the transaction. Thirty-four Chinese companies raised $12.4 billion in New York floats in the first half of 2021, data from research provider Dealogic shows, compared with 18 listings that raised $2.8 billion in the same period last year.

https://asia.nikkei.com/Business/China-tech/Didi-shares-crash-nearly-20-erasing-14bn-in-value

Anonymous ID: 0f0e8f July 6, 2021, 8:13 p.m. No.69935   🗄️.is 🔗kun   >>9938 >>9949 >>9962 >>9969

ZELDA84 USAF Cobra Ball off central western Japanese coast from Kadena AB Okinawa

On the track.

 

The RC-135S Cobra Ball is a rapidly deployable aircraft, which flies Joint Chiefs of Staff-directed missions of national priority to collect optical and electronic data on ballistic targets. This data is critical to arms treaty compliance verification, and development of U.S. strategic defense and theater missile defense concepts. The RC-135S, equipped with a sophisticated array of optical and electronic sensors, recording media, and communications equipment, is a national asset uniquely suited to provide America's leaders and defense community with vital information that cannot be obtained by any other source. Crew composition includes a minimum of two pilots, one navigator, three electronic warfare officers, two airborne systems engineers, and two or more airborne mission specialists. All Cobra Ball airframe and mission systems modifications are overseen by L-3 Communications, under the oversight of Air Force Materiel Command.

 

There are three RC-135S aircraft in the Air Force inventory all assigned to Air Combat Command and permanently based at Offutt Air Force Base, Neb.(a temporary home at Lincoln Muni. for nao while Offutt runway is fixed). The Cobra Ball is operated by the 55th Wing, and manned with aircrews from the 45th Reconnaissance Squadron, and the 97th Intelligence Squadron, using various forward deployment locations worldwide.

https://www.af.mil/About-Us/Fact-Sheets/Display/Article/104498/rc-135s-cobra-ball/

Anonymous ID: 0f0e8f July 6, 2021, 8:42 p.m. No.69942   🗄️.is 🔗kun   >>9962 >>9969

>>69540 pb

Russian AF RFF201 departed Moscow, Chkalovsky Air Base and heading south

Looks like a return trip to Syria for this AC that left Lattakia, Syria last night CONUS time.

>highly unlikely that Lavrov on this AC but you never know.

 

Russia skips U.N. talks on Syria cross-border aid access -diplomats

 

Russia skipped U.N. Security Council negotiations on Tuesday on whether to extend approval for cross-border aid access into Syria, diplomats said, as China pushed for "solutions" to its concerns about unilateral sanctions and aid transparency. The council mandate for the long-running U.N. operation delivering aid into northern Syria from Turkey is due to expire on Saturday. Veto-powers Russia and China are wary of renewing it, while Western members want to re-authorize and expand it.

 

U.N. officials say there can be no substitute for the cross-border aid operation, which was first approved in 2014. "The cross border aid operation has been the safest and most reliable way of getting aid to people," Mark Cutts, U.N. deputy regional humanitarian coordinator for the Syria crisis, told an event at the United Nations in New York, organized by Canada, Dominican Republic, the Netherlands, Qatar and Turkey. "In the last year we've been delivering an average of just over 1,000 trucks a month of aid into northwest Syria. It's absolutely vital now that we keep this aid operation going," Cutts said. The Security Council is negotiating a resolution, drafted by Ireland and Norway, to authorize aid deliveries through two crossings: one from Turkey and one from Iraq. But Russian U.N. Ambassador Vassily Nebenzia said last week he is only discussing a possible extension of U.N. approval for the Turkish crossing. While Russia - an ally of Syrian President Bashar al-Assad -did not show up to negotiations on Tuesday, diplomats said they were still separately engaging with key members. Russia's U.N. mission did not immediately respond to a request for comment.

 

The council first authorized a cross-border aid operation into Syria in 2014 at four points. Last year, it reduced that to one point from Turkey into a rebel-held area in Syria due to Russian and Chinese opposition over renewing all four. Russia has said the aid operation is outdated and violates Syria's sovereignty and territorial integrity. In a swipe at the United States and others, Russia and China have also blamed unilateral sanctions for some of Syria's plight.

https://www.reuters.com/world/middle-east/russia-skips-un-talks-syria-cross-border-aid-access-diplomats-2021-07-06/