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Months after massive IPO, China's Didi moves to delist from NYSE – MarketWatch


Chinese ride-hailing giant Didi Global Inc. said late Thursday it plans to delist from the New York Stock Exchange, bowing to pressure from the Chinese government.

“After careful study, the company will start delisting on the New York Stock Exchange immediately, and start preparations for listing in Hong Kong,” Didi said in a post on its Weibo account.

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Harry Miller is a writer and editor based in Toronto with 14 years of experience in the journalism industry. Before joining Canada News Media as a National Online Journalist, Miller worked as a senior writer and a reporter-editor with the Canadian Press and as a breaking news reporter with the Toronto Star. At Canada News Media he covers national news and the trending stories Canadians are searching for. Miller holds two bachelor's degrees, one in journalism from Ryerson University and another in communications and film studies from Carleton University.

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