Didi Global swings to Q3 profit from last year's loss

Macquarie upgrades China internet stocks, citing stronger fundamentals and growth

Macquarie upgrades several Chinese internet stocks, highlighting improved earnings, government support, and long-term growth via overseas expansion, while remaining cautious on online healthcare and logistics sectors.

China's DiDi to become 2nd-largest shareholder of state-backed NavInfo unit

DiDi Global acquires 16.5% stake in AutoAi, reducing focus on electric vehicle manufacturing while forming partnership with NavInfo, enhancing its intelligent cockpit technology.