Why Are DiDi Shares Trading Higher Today?

Bloomberg reporter tweeted that the China government wants to take DiDi Global Inc DIDI under state control.
China's Uber Technologies UBER counterpart, which recently had to forego its U.K. ambitions, has freshly attracted the government's ire for its ride-hailing business anomalies.
Price Action: DIDI shares traded higher by 6.24% at $9.35 in the market session on the last check Friday.

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