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DIDI / DiDi's stock sinks into record-low territory after disclosing need to delist from NYSE

Shares of DiDi Global Inc. DIDI, -2.55% dropped 2.0% in premarket trading Thursday, putting them on track to open in record-low territory, after the China-based ride-hailing giant disclosed that it would have to delist from the NYSE to complete a cybersecurity review initiated by regulatory authorities. The company said China's Cybersecurity Review Office announced on July 2, just two days after it debuted on the NYSE, that the company was subject to a cybersecurity review that required the company to suspend new user registration. Read More

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Content Topics

DIDI

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Delist

Posted: May 12 2022, 08:23

Author Name: Market Watch

DIDI News

By Reuters
June 8, 2022

Exclusive-Didi in talks to own a third of China EV maker Sinomach-sources

China's Didi is in talks with Sinomach Automobile to own a third of the latter's electric-vehicle making unit, two sources said, signalling the ride-h

By Seeking Alpha
June 7, 2022

DiDi: Delisting Provides Short-Term Upside Potential

With delisting approved and an end to regulatory probes, uncertainty around DiDi is now significantly reduced. At a P/S of 0.33, the fear around DiDi

By The Dog of Wall Street
June 6, 2022

Didi shares closed 30% up as China lifts regulatory restrictions

China regulator will remove restrictions from Didi Global as early as next week. Didi shares at one point were up nearly 70% on Monday.

By Business Insider
June 6, 2022

Didi soars 66% after report says China is set to end cybersecurity probe and allow new users on the ride-hailing app

Didi's apps are expected to return to China's domestic stores after Beijing's crackdown on the tech sector, The Wall Street Journal reported.

By CNN Business
June 6, 2022

Didi's stock jumps 50% on report that China's probe is ending

Didi's regulatory nightmare in China may be nearly over.

By Proactive Investors
June 6, 2022

China's Didi surges 50% after regulators reportedly end probe into ride-hailing major

Shares of Chinese ride-hailing giant Didi surged more than 50% following news that Chinese authorities are planning to wrap up their investigation int

By Benzinga
June 6, 2022

Here's Why DiDi, And These Two Chinese Stocks Are Trading Higher Today

China looks to conclude its yearlong regulatory probe on DiDi Global Inc (NYSE: DIDI) and two other U.S.-listed tech firms by as early as this week

By Finbold
June 6, 2022

DiDi shares surge over 50% premarket as China lifts foot of probe gas pedal

Reports of Beijing officials winding down their year-long probe into DiDi Global (NYSE: DIDI) are surfacing, having an effect across.

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