China's Didi to delist in New York
China ride-hailing platform Didi, which has traded poorly ever since being targeted by regulators in the wake of its IPO in June, plans to delist from the New York Stock Exchange and relist in Hong Kong.
The company said in a statement on its Weibo account that the delisting process would start “immediately.” Didi added in a filing that it had won board support for the move, provided its American Depository...
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