Caixin
Apr 18, 2022 08:20 PM
BUSINESS

Didi Says It Won’t List Elsewhere Until After It Leaves New York

The troubled Chinese tech company said it will continue exploring listing possibilities on another “internationally recognized exchange.” Photo: VCG
The troubled Chinese tech company said it will continue exploring listing possibilities on another “internationally recognized exchange.” Photo: VCG

Ride-hailing giant Didi Global Inc. said it will wait until it delists from the U.S. before filing elsewhere in light of an ongoing cybersecurity review by Chinese authorities.

The news, which came in a statement on Saturday, throws cold water on the theory that the troubled Chinese tech company might soon transfer its listing to Hong Kong in the wake of a regulatory crackdown last year that prompted it to announce it will leave the New York Stock Exchange.

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