Chinese online ride-sharing company Didi Chuxing announced on Weibo on December 3rd that it has begun withdrawing from the US stock market. A Didi investor at its headquarters in Beijing told the Financial Times that it is unlikely that any significant shareholder would oppose the delisting. Major shareholders such as SoftBank, Sequoia, and Tencent did not dare challenge the government. An unnamed insider told Reuters that Didi would complete the listing in Hong Kong within the next three months and be delisted from New York before June next year. Didi’s decision caused the stock of SoftBank Group, a significant shareholder…