Didi’s headquarters in Beijing.
The delisting, the cybersecurity investigation and lack of immediate relisting plans could deal a heavy blow to the firm’s value and even undermine investor confidence in Chinese stocks. Photo: Reuters
Didi Global to vote on US delisting next month, says no new listing plan before NYSE exit
- Beijing-based firm says it will not apply for another flotation before completing its delisting from the New York Stock Exchange
- The riding-hailing giant must cooperate further with China’s cybersecurity regulators and conduct rectifications
Didi’s headquarters in Beijing.
The delisting, the cybersecurity investigation and lack of immediate relisting plans could deal a heavy blow to the firm’s value and even undermine investor confidence in Chinese stocks. Photo: Reuters
