The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

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

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…

Other China Tech Buzz: