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China's Didi Plans Hong Kong Ploy Amid IPO Shenanigans Report

January 3, 2022
Source: wealthbriefingasia.com wealthbriefingasia.com
News Snapshot:
The IPO market is one that hubs such as Hong Kong, New York and London compete over for pre-eminence. The drama around the ride-hailing group - which provides delivery and financial services among its offerings - shows how turbulent the sector for new offerings can be. The world of initial public offerings – important liquidity events that wealth managers track – has taken a further twist around the drama of Chinese ride-hailing group Didi Global , which is seeking to delist from New York. A report by Reuters on 29 December 2021, quoting unnamed sources, said that Didi plans to...
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Tags: Alibaba | Ant Group | Beijing | brand | capital | China | Chinese | consumer | data | delist | delivery | Didi | e-commerce | finance | financial | financial services | Giant | Greater China | Hong Kong | ipo | London | New York | online payment | online shopping | technology

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