Didi’s Move From NYSE to Hong Kong — What to Know: QuickTake

April 19, 2022, 3:14 AM UTC

Didi Global Inc. is preparing to delist from the New York Stock Exchange, after its initial public offering there last year drew the wrath of Beijing. The Chinese ride-hailing giant said it plans to list in Hong Kong instead, allowing existing shareholders to convert their holdings in the company. There are challenges ahead -- for Didi, its shareholders and other Chinese companies looking to go public. Meanwhile, the government’s ongoing investigation and new regulatory measures have hit Didi’s bottom line.

1. Why is Didi going to delist?

Chinese regulators opposed the U.S. listing, saying it could expose Didi’s ...

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