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China's Didi plans to hire Goldman for Hong Kong listing, US delisting, say sources The Edge Markets

December 11, 2021
Source: theedgemarkets.com theedgemarkets.com
News Snapshot:
- A + A HONG KONG (Dec 10): China's Didi Global plans to hire Goldman Sachs for its planned Hong Kong listing and US delisting, said three sources with knowledge of the matter, as it moves to withdraw from the New York exchange after just five months. Didi, which made its debut in New York on June 30 after raising US$4.4 billion via an initial public offering (IPO), said last week that it plans to delist from the US bourse and pursue a Hong Kong listing. The company is under pressure from Beijing to quit the New York Stock Exchange...
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Tags: bank | Beijing | China | Chinese | data | delist | delisting | Didi | EDGE | finance | financial | Goldman Sachs | hire | Hong Kong | initial public offering | investment | investment bank | ipo | IT | JPMorgan | KONG | listing | media | New York | stock exchange

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