Chinese ride-hailing giant Didi surges 50% after report that regulators are ending probes

Shares of Chinese ride-hailing giant Didi surged more than 50% in pre-market trade in the U.S. on Monday after the

reported that regulators are concluding investigations into the company.

The WSJ report said authorities would lift a ban on Didi adding new users as early as next week and reinstate the company’s app in domestic app stores, citing people familiar with the matter.

Didi…