China’s regulator says Didi’s delisting does not concern other US listed Chinese companies
China’s regulator says Didi’s delisting does not concern other US listed Chinese companies

China’s regulator says Didi’s delisting does not concern other US listed Chinese companies

A display shows trading information for ride-hailing giant Didi Global on the floor of the New York Stock Exchange (NYSE) in New York City, USA, on December 3, 2021. REUTERS / Brendan McDermid

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SHANGHAI, April 16 (Reuters) – China’s securities regulator said on Saturday that Didi Global (DIDI.N) The decision to delist from the New York Stock Exchange was a decision made by the Chinese riding hill giant on its own based on the market and the company’s own situation.

Didi’s delisting has nothing to do with other U.S.-listed Chinese stocks or ongoing efforts between Chinese regulators and their U.S. counterparts to resolve an audit dispute affecting U.S.-listed Chinese firms, the China Securities Regulatory Commission said in a statement on its official WeChat account.

Didi said Saturday it would hold an extraordinary general meeting on May 23 where shareholders can vote on their voluntary delisting from the New York Stock Exchange. Read more

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Reporting by Brenda Goh and Min Zhang; editing by David Evans

Our standards: Thomson Reuters trust principles.

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