Didi announced delisting from NYSE today and plans to list on HKSE due to Chinese regulators concern over its huge possession of user data. Alibaba and other Chinese companies also have subdued price movement in the past 1 year or so. In fact , Ali hits recent lows. Personal views 1. Chinese companies clamoured for glory to list in US and, in the process, raised billions of dollars from investors worldwide. They brought the money back to China. 2. However, the Chinese government is not too happy citing different reasons over security, data issue and lack of loyalty to country. 3. It also wanted these mega companies to distribute some of their wealthy to social causes. 4. When astute investors and institutions see such a move by the govern