Didi starts to delist from New York and aims for Hong Kong amid Beijing scrutiny

//Didi starts to delist from New York and aims for Hong Kong amid Beijing scrutiny

Didi starts to delist from New York and aims for Hong Kong amid Beijing scrutiny

Didi Global said it would commence the process of removing its stock from the New York Stock Exchange for a listing in Hong Kong, as China’s dominant ride-hailing service operator makes an unprecedented exit from the world’s largest capital market five months after Chinese regulators opened a probe into the company.“After careful study, the company will start the work of delisting from NYSE and initiate preparation for listing in Hong Kong with immediate effect,” Didi Chuxing said in a one-line…

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By | 2021-12-03T01:39:16+00:00 December 3rd, 2021|Technology|Comments Off on Didi starts to delist from New York and aims for Hong Kong amid Beijing scrutiny