Full Truck Alliance, Kanzhun rise after resuming new user registrations

KANZHUN

29/06/2022 12:37

** U.S-listed shares of Chinese logistics platform Full
Truck Alliance  YMM.N  and online recruitment services company
Kanzhun Ltd  BZ.O  up 4.2% premarket 
    ** Apps owned by the companies announced the resumption of
new user registrations, the latest sign that China's cyberspace
regulator's years-long cybersecurity probe is coming to an end
 urn:newsml:reuters.com:*:nL1N2YG0PO
    ** China launched cybersecurity reviews into YMM and BZ
alongside Chinese ride-hailing giant Didi Global in July last
year, and ordered them to stop registering new users, citing
national security concerns and the public interest 
    ** YMM up 10% YTD, while BZ lost 23%
    



 (Reporting by Eva Mathews in Bengaluru)
 ((Eva.Mathews@thomsonreuters.com;))