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-0.00258064516129027 -0.00258064516129027 0 -0.00258064516129027 -0.0038709677419354 -0.00517419354838707 -0.027341935483871 -0.0219354838709677
Stock impact report

Chinese regulators have pressed Didi Global to delist from U.S. over data security fears, sources say [Toronto Globe and Mail (Ontario, Canada)]

DiDi Global Inc. American Depositary Shares (each four representing one Class A Ordinary Share) (DIDI) 
Chinese regulators have pressed top executives of ride hailing giant Didi Global Inc to devise a plan to delist from the New York Stock Exchange due to concerns about data security, two people with knowledge of the matter told Reuters. China’s powerful Cyberspace Administration of China (CAC) has asked the management to take the company off the U.S. bourse due to worries about leakage of sensitive data, said one of the people. It also wants the ride-hailing giant to promise it would solve the delisting issue within a certain period of time, said the person. The cyberspace regulator said, according to the person, the prerequisite for the relaunch of Didi’s ride-hailing and other apps in China is that the company has to agree to delist from New York. Proposals under consideration include a straight-up privatization or a second listing in Hong Kong followed by a delisting from the United States, said the person. In July, the CAC ordered app stores to remove 25 mobile apps operated by Di Show less Read more
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