It’s been a while since we last seen so much fear striking the market all at the same time and I have to capture this as a memento to future visitors trying to revisit this crisis a few years from today. The delisting news for Didi from the NYSE barely a few months after its public listing sent spiral waves throughout the entire market, sending most Chinese stocks listed in the US market down by an average 9-10%. Didi shares itself plunged 22% after an initial pre market up and I think it caused a lot of confusion to the market without clarity of what is going to happen to their shares should they held on to it. The Krane Shares CSI China Internet ETF (KWEB) went down by as much as 9.5% to close the day at below $40, a level last seen in 2019.