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In the News: Didi Cybersecurity Probe; ESG Disclosure Requirements; and Shenzhen Intelligent Vehicles Rules
July 05, 2021 | BY
Vincent ChowCybersecurity review office investigates U.S.-listed Chinese tech giant Didi and others; CSRC updates disclosure rules for listed companies, strengthens ESG provisions; and Shenzhen legislature completes second reading of country's first intelligent vehicle rules
Signage atop the Didi headquarters in Beijing, China, on Friday, June 11, 2021. Photo: Gilles Sabrie/Bloomberg
New cybersecurity review office investigates Didi, U.S.-listed Chinese tech companies
Chinese regulators have initiated cybersecurity reviews on three Chinese technology companies, which have all recently gone public in the U.S. On July 5, the Cybersecurity Review Office (CRO) at the Cyberspace Administration of China (CAC) announced that it had launched cybersecurity reviews on apps operated by Full Truck Alliance Co. and Kanzhun Ltd, days after it made the same announcement for ride-hailing giant Didi.
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