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DIDI prepares to delist from U.S. stocks and to list in Hong Kong.

Tiger Newspress2021-12-03

DIDI prepares to delist from U.S. stocks and to list in Hong Kong.

DiDi Global Inc. (NYSE: DIDI), the world’s leading mobility technology platform, today announced that its board of directors (the “Board”) has authorized and supports the Company to undertake the necessary procedures and file the relevant application(s) for the delisting of the Company’s ADSs from the New York Stock Exchange, while ensuring that ADSs will be convertible into freely tradable shares of the Company on another internationally recognized stock exchange at the election of ADS holders.

The Company will organize a shareholders meeting to vote on the above matter at an appropriate time in the future, following necessary procedures. The Board has also authorized the Company to pursue a listing of its class A ordinary shares on the Main Board of the Hong Kong Stock Exchange.

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  • Skang2
    ·2021-12-05
    This might happen to Tiger also!
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  • tcs
    ·2021-12-03
    So what will happen to my holdings?
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  • Troytan
    ·2021-12-03
    Not by choice
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  • MHh
    ·2021-12-03
    To me, delisting from the US is a perpetual risk for HK and CHN stocks.. so would ratherbuy from the respective stock exchanges than the US
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    • MHh
      [Smile]
      2021-12-05
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    • Shirley2208
      👍
      2021-12-05
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    • MHh
      Will didi be the new 低低
      2021-12-03
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    查看更多 1 条评论
  • Jialatsia
    ·2021-12-03
    Meep
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  • happymoney
    ·2021-12-03
    Didi
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  • Portfolio50
    ·2021-12-03
    More delisting to come?  
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  • zuki
    ·2021-12-03
    Sell now and buy later in Hong Kong exchange.
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  • dtyz
    ·2021-12-03
    So am I suppose to sell my shares nw before it's too late?
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  • Jazim
    ·2021-12-03
    Okay
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  • JLKang
    ·2021-12-03
    Expected 
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  • koolgal
    ·2021-12-03
    The writing is on the wall.  DiDi is delisting from US and listing in HK.  I will hold my shares in DiDi and wait for this transition to happen!  It can be a long process but it will happen now. 
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    • koolgal回复JunJie2525
      That is true. We are at their mercy.
      2021-12-04
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    • koolgal回复JunJie2525
      Yes that is great advice. Thanks for sharing
      2021-12-04
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    • JunJie2525
      They kind of screwed retail investors such as us
      2021-12-04
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    查看更多 2 条评论
  • HWChua1961
    ·2021-12-03
    This is expected in some time...
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  • 小虎一飞冲天
    ·2021-12-03
    Like pls. Thanks.
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    • JeremyKok
      hi. please like and comment back. thank you.
      2021-12-06
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    • cozyli
      done
      2021-12-03
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    • Jazim
      ok
      2021-12-03
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  • BlueDaisy
    ·2021-12-03
    Didi was asked to address the data security issue before listing, but they didn't heed the instruction and went ahead. Now they have to pay the price.  As for anti-trust crackdown on other companies, the regulator just want to create environment with fair competition. I doubt will go to such extent. 
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  • Alan_Goh
    ·2021-12-03
    I really hope the DIDI US stock won't drop so far .. not sure the impact
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  • Pluto891
    ·2021-12-03
    rubbish. I lost money to Chinese govt
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    • JunJie2525
      Me too!!!
      2021-12-03
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    • Tamashii
      same here!
      2021-12-03
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  • InvestUncle
    ·2021-12-03
    Holy molly! I bet 90% of retail investors like u and i the average guy on the streets have some chinese ADR in portfolio.  Is this really what the ** really wants, to ultimately push away global investors that are key to their companies?
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  • nanehz07
    ·2021-12-03
    Ok
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    • bryanckc
      Ok
      2021-12-03
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