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Opinions Jim Cramer - Mad Money
DiDi GlobalDIDIDON'T BUYJun 06, 2022
China's regulators plan to lift the ban on new users for Didi. Didi and other Chinese tech stocks bounced today, but it is insane to return to Didi. He doesn't trust China's authorities, based on their past moves.
$2.30
Stock price when the opinion was issued
$3.71
As of Jun 11, 2026. Market Open.
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The worst is over in Chinese tech stocks, hammered by the Chinese government, especially the education stocks. Alibaba has rebounded with investors making strike calls aggressively. Same goes with DIDI. These are big, institutional trades, waiting for Beijing to stop hammering these names. If this has indeed stopped, there could be huge upside.
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