China’s ride-hailing firm Didi to switch listing from New York to Hong Kong
by Mark Sweney from on (#5SMJ0)
Stock exchange decision comes as Beijing cracks down on technology firms listing overseas
The Chinese ride-hailing firm Didi is to move its listing from the New York stock exchange to Hong Kong, as Beijing cracks down on the country's biggest technology companies.
The company said it would start immediate" preparations to delist in New York and prepare to go public in Hong Kong.
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