Didi in talks for a second-quarter IPO in Hong Kong on its way to delisting from New York, sources say

South China Morning Post2022-01-12

Didi Global is in talks to launch its initial public offering (IPO)in Hong Kong in the second quarter, as China's dominant ride-hailing company prepares to exit the New York Stock Exchange (NYSE), according to two sources familiar with the matter.

Didi's bankers have had preliminary discussions with the Hong Kong Exchanges and Clearing Limited(HKEX) before submitting the A1 form to officially apply to list on the exchange, according to the sources, requesting anonymity for discussing a matter before its announcement.

Depending on market conditions, the Beijing-based company may list in Hong Kong in the second quarter, the sources said, adding that the financial terms of the proposed listing are still being worked on. HKEX's spokesman declined to comment on individual cases.

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Comments

  • mtanps
    2022-01-29
    mtanps
    What happened if we have Didi share and it is going to delisting from new York, will the share transfer to HK ?
  • Jabby
    2022-01-13
    Jabby
    Nice! Pls like!
  • Div Payers
    2022-01-13
    Div Payers
    amazing
  • moneytome
    2022-01-12
    moneytome
    Hai [Blush] 
  • IcySilver
    2022-01-12
    IcySilver
    It’s going to be a long battle for $DiDi Global Inc.(DIDI)$since HKSE has more stringent listing criteria. For the sake of current DiDi shareholders, hopefully this transfer goes smoothly.
  • clingling
    2022-01-12
    clingling
    Hmm
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