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Didi will delist from the New York Stock Exchange

Author: drchiu

Score: 24

Comments: 1

Date: 2021-12-03 02:06:18

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eunos wrote at 2021-12-03 09:43:54:

So few rumours I heard.

1. They were already pressured to list on HK. However, listing on HK turns out is harder than NYC. So they go to the NYC instead since finding already quite dry.

2. Chinese gov fears that someday Didi might be required to disclose data to SEC/US govt for whatever reason and that include sensitive data.

Remember Beijing is paranoid enough about data to the point that they scramble GPS signal in China. No way they gonna let US get accurate mapping plus ride data.