Didi’s headquarters in Beijing. The firm is likely to seek a dual-primary listing in Hong Kong and will be subject to regulatory scrutiny on par with the US bourses. Photo: AP
Didi’s headquarters in Beijing. The firm is likely to seek a dual-primary listing in Hong Kong and will be subject to regulatory scrutiny on par with the US bourses. Photo: AP
IPO

Didi’s exit from New York tests Hong Kong’s mettle as the listing sanctuary for Chinese stocks

  • A Hong Kong listing could be a shot in the arm for the local stock exchange where fundraising has slowed down in the third quarter
  • Despite the red carpet, tech companies that face regulatory action in China are likely to be heavily scrutinised by HKEX during their IPO application process

Topic |   IPO
Didi’s headquarters in Beijing. The firm is likely to seek a dual-primary listing in Hong Kong and will be subject to regulatory scrutiny on par with the US bourses. Photo: AP
Didi’s headquarters in Beijing. The firm is likely to seek a dual-primary listing in Hong Kong and will be subject to regulatory scrutiny on par with the US bourses. Photo: AP
READ FULL ARTICLE