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Didi Announces Delisting from the U.S. Five Major Issues | Didi Travel | China Concept Stocks

December 5, 2021
Source: newsdirectory3.com newsdirectory3.com
News Snapshot:
[Epoch Times December 4, 2021](Epoch Times reporter Lin Yan comprehensive report) Chinese online ride-hailing company Didi Global said on Thursday (December 2) that it plans to delist from the New York Stock Exchange. Less than five months after the initial public offering annoyed Beijing. The online ride-hailing giant said it plans to list in Hong Kong soon, allowing existing shareholders to switch their company holdings. But because the announcement gave few details, it left a lot of problems for investors who had already suffered losses of about 40 billion U.S. dollars. 1. Why is Didi delisting? Didi did not give...
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