Didi Global says it will begin the process of delisting from the NYSE and listing on the Hong Kong stock exchange, in an attempt to appease Chinese regulators
Chinese ride-hailing giant Didi Global (DIDI.N) said on Friday it will start work on delisting from the New York stock exchange …
Reuters
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Discussion
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@therealjoshye
Josh Ye
on x
Listing in Hong Kong might, however, prove complicated, particularly in a tight three-month timeframe given Didi's history of compliance problems. Only 20%-30% of Didi's core-ride hailing business in China is fully compliant https://www.reuters.com/...
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@byron_wan
Byron Wan
on x
🔥 It looks like there will be a wave of Chinese companies delisting their shares in the US as long as SEC rigorously enforces its rules. 1/n https://www.cnbc.com/...