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Didi bars employees from selling shares indefinitely - FT

Reuters2021-12-28

(Reuters) - Chinese ride-hailing giant Didi Global Inc has barred current and former employees from selling shares of the company indefinitely, the Financial Times reported on Monday, citing people familiar with the matter.

The 180-day lock-up period post the company's initial public offering during which current and former staff were not permitted to sell shares was supposed to end on Dec. 27, but the prohibition has been extended without a new end date, the report said.

Employees will not be able to sell shares until after the company has listed in Hong Kong, according to the report.

Didi did not immediately respond to a Reuters request for comment.

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  • Clover128
    ·2021-12-28
    I hold position of DIDI too and not planning to sell. Think it should play out just fine..
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  • koolgal
    ·2021-12-28
    It sounds draconian but if the employees are allowed to sell then there maybe a loss of confidence and the shares can plummet further. 🤔
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    • koolgal回复虎渣渣
      Best of luck to you.  I believe all will be well in the end with DiDi. 🙏🙏🙏
      2021-12-28
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    • 虎渣渣
      [强]瞬间心安许多
      2021-12-28
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    • koolgal
      I am currently holding positions, not selling.
      2021-12-28
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  • 暴富21888
    ·2021-12-28
    Not surpising
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    • AlphaKK
      yes
      2021-12-28
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  • Ignis
    ·2021-12-28
    [Surprised] 
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  • Venus_M
    ·2021-12-28
    How to bar [Doubt]  isn't that obstructing the right of the share owners as it is their right to call the shots after the apromised lock up period
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    • tutu123tutu回复Venus_M
      anything can happen in china
      2021-12-28
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    • Venus_M
      因为毕竟这钱属于员工们的, 造理说应该让他们自由决定
      2021-12-28
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    • Venus_M
      通常没有安全感的人才会约束其他人不是吗?
      2021-12-28
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  • wywy
    ·2021-12-28
    this is really [Speechless] 
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  • TinPLJ
    ·2021-12-28
    Wow
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  • xuero
    ·2021-12-28
    [Smug] 
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  • xuero
    ·2021-12-28
    [Smug] 
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  • SynergyHero
    ·2021-12-28
    oh no
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    • DragonKC
      Wait wait
      2021-12-28
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  • BGTAN
    ·2021-12-28
    Lol
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  • themonkey
    ·2021-12-28
    [Surprised] [Surprised] [Surprised] 
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  • IamZhong
    ·2021-12-28
    Then.. whats the point.. can eat?
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    • ming22
      [LOL]
      2021-12-28
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    • Venus_M
      I think they scared the bridge collapse..
      2021-12-28
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    • BGTAN
      suck thumb
      2021-12-28
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  • vxf
    ·2021-12-28
    Stay invested
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    • OneC
      k
      2021-12-30
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    • Ignis
      lol
      2021-12-28
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  • SeanSak
    ·2021-12-28
    Like n comment
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