Didi to delist from the New York Stock Exchange and plans Hong Kong IPO

Source: Tech – South China Morning PostChinese ride-hailing giant Didi Global, which was listed in New York in late June but triggered a cybersecurity probe two days later, said Friday that it would start the process to delist from the New York Stock Exchange and prepare for a Hong Kong initial public offering.“After careful study, the company will start the work of delisting from NYSE and initiate preparation for listing in Hong Kong with immediate effect,” it said on its official Weibo account.Shares of Didi slightly declined by…Read More

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