
- Dec 10, 2021
- 2 min
China’s DiDi Announces Delisting From NYSE; Plans To List In Hong Kong
Chinese ride-hailing company DiDi recently announced that it is delisting from the New York Stock Exchange (NYSE) due to government probing and regulations. The company said on its Weibo account on 3 December 2021 that the decision was made after careful consideration - a decision that came less than six months after DiDi debuted on the NYSE in July 2021. According to a Bloomberg report, the Chinese government asked the company to delist from the NYSE due to concerns about le