Didi Chuxing’s delisting in the US could be a test case of whether Chinese companies under investigation by Beijing are welcomed to Hong Kong, which is pushing stock market reforms to keep up with US stock exchanges. Didi said on his Weibo account on Friday that preparations had begun to be delisted from the New York Stock Exchange (NYSE) and listed on the Hong Kong Stock Exchange. However, the competitive ride-hailing operator didn’t provide any further details, such as a schedule or how to do it ….
Didi Chuxing’s delisting in the US could be a test case of whether Chinese companies under investigation by Beijing are welcomed to Hong Kong, which is pushing stock market reforms to keep up with US stock exchanges. Didi said on his Weibo account on Friday that preparations had begun to be delisted from the New York Stock Exchange (NYSE) and listed on the Hong Kong Stock Exchange. However, the competitive ride-hailing operator didn’t provide any further details, such as a schedule or how to do it ….
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