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Didi's rocky road to a Hong Kong share listing

Chinese ride hailer walks regulatory, cost tightrope to pull out of Wall Street

Chinese ride-hailer Didi disclosed a plan to withdraw from the New York Stock Exchange and relist in Hong Kong in a brief statement on Dec. 3, barely five months after its June 30 IPO.   © Reuters

Didi Global may have to take unprecedented steps to shift trading in its shares to Hong Kong from New York, and the challenges are mounting.

The Chinese ride-hailing giant disclosed its plan to withdraw from the New York Stock Exchange (NYSE) and list on the Hong Kong exchange in a briefly worded statement on Dec. 3, barely five months after its $4.4 billion initial public offering in New York on June 30.

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