中國商業與金融

China allows tech trio to resume business after cyber probe

Shares in Didi, Full Truck and Kanzhun jump amid signs Beijing’s crackdown may be easing

Chinese authorities are allowing Full Truck Alliance and Kanzhun to sign up new users again almost a year after both companies were entangled in cyber security investigations alongside ride-hailing group Didi.

Beijing launched probes into Full Truck, online recruiting platform Kanzhun and Didi last July just weeks after the companies had raised money on Wall Street, as Chinese regulators sought to tighten their grip on the data on which the country’s tech groups rely.

On Monday, Full Truck’s two lorry-hailing apps Yunmanman and Huochebang, known as China’s “Uber for trucks”, were allowing new driver sign-ups.

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