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China’s regulator says Didi delisting does not concern other U.S. listed Chinese firms By Reuters

by Reuters
April 16, 2022
in Finance
Reading Time: 1 min read
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© Reuters. A display shows buying and selling data for ride-hailing big Didi International on the ground of the New York Inventory Change (NYSE) in New York Metropolis, U.S., December 3, 2021. REUTERS/Brendan McDermid

SHANGHAI (Reuters) – China’s securities regulator stated on Saturday that Didi International choice to delist from New York Inventory Change was a call the Chinese language ride-hailing big made by itself primarily based in the marketplace and the corporate’s personal scenario.

Didi’s delisting has nothing to do with different U.S.-listed Chinese language shares or ongoing efforts between Chinese language regulators and their U.S. counterparts to resolve an audit dispute affecting U.S.-listed Chinese language corporations, the China Securities Regulatory Fee stated in an announcement on its official WeChat account.

Didi stated on Saturday it could maintain a rare basic assembly on Might 23 for shareholders to vote on its voluntary delisting from the New York Inventory Change.



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Tags: ChinasChineseconcernDelistingDidiFirmslistedRegulatorReuters
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