Didi Delisting - Less Than 6 Months After IPO!

Send us a textJust five months after going public on the New York Stock Exchange, Chinese ride-hailing giant Didi Global said it plans to delist from the New York Stock Exchange and pursue a Hong Kong listing as it bends to Chinese regulators angered by its US IPO.“Following careful research, the company will immediately start delisting on the New York stock exchange and start preparations for listing in Hong Kong,” Didi said on its Twitter-like Weibo account on Friday.Didi did not explain it...