Cover Story: Didi’s Rocky Road for Moving Its Stock to Hong Kong

Didi Global may have to take unprecedented steps to carry out its plan to shift trading in its shares to Hong Kong from New York with the challenges ahead mounting.

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