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Didi Global stock jumped 11% in premarket trading

Tiger Newspress2021-12-03

Didi Global stock jumped 11% in premarket trading as the ride-hailing firm to delist from U.S., seek shift to Hong Kong.

Didi Global Inc.has begun preparations to withdraw from U.S. stock exchanges and will start work on a Hong Kong share sale.

The ride-hailing giant’s board has authorized the company to file for a delisting of its American depositary shares from the New York Stock Exchange and will pursue a listing in Hong Kong, it said in a statement Thursday. It will ensure that the U.S. stock will be convertible into freely tradable shares on another internationally recognized stock exchange, according to the statement.

Didi is aiming to file for the Hong Kong listing around March, people with knowledge of the matter said, asking not to be identified as the plans haven’t been made public. The company didn’t immediately respond to a request for comment.

Didi made its New York debut on June 30 at $14 per American Depositary Share, which gave the company a valuation of $67.5 billion on a non-diluted basis. Those shares have since slid 44% until Thursday's close, valuing it at $37.6 billion.

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评论16

  • koolgal
    ·2021-12-03
    DiDi shares are on the uptrend today on news of its US delisting and listing on HK! Go DiDi! 🚀🚀🚀🌙🌙🌙
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    • koolgal
      I did another post on it.  Check it out.
      2021-12-06
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    • koolgal
      Me too.
      2021-12-06
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    • Jessicalim
      What will happen To people whO are holDing Onto DIDI shares?
      2021-12-03
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    查看更多 1 条评论
  • FiNaLe
    ·2021-12-03
    Go higher!
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  • Echowhiskey
    ·2021-12-03
    Increase for delisting[LOL] [LOL] [LOL] [Facepalm] [Facepalm] [Facepalm] .
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    • FiNaLe
      Haha
      2021-12-03
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  • MC8989
    ·2021-12-03
    Ok
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  • Wilsonkeat
    ·2021-12-03
    I have Put Option expiring in Feb 2022. When will Didi delist from NYSE?
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  • AlphaOmega
    ·2021-12-03
    It need to back to USD 14 then only consider, OK, else K. O. 
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    • AlphaOmega
      Not dare to look at it
      2021-12-07
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    • stinger77
      Ok
      2021-12-03
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  • newbiee
    ·2021-12-03
    O
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    • newbiee
      K
      2021-12-03
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  • Toratoratora
    ·2021-12-03
    Like and comment bruhhhhh
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    • Xav
      Ok
      2021-12-03
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    • Toratoratora
      k
      2021-12-03
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  • Bernard
    ·2021-12-03
    Rug pull later??
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  • erichosk
    ·2021-12-03
    Like
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  • Growmywealth
    ·2021-12-03
    Yeah
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  • VaanWu
    ·2021-12-03
    Ok
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  • Lelelok92
    ·2021-12-03
    Comment and like pls
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    • HHTan
      done
      2021-12-03
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    • K20
      ok
      2021-12-03
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    • erichosk
      done
      2021-12-03
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  • KimberlyMJ
    ·2021-12-03
    Why jump and not tumble?
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    • Cedric77
      Once delisted you can only sell OTC.In most cases,it will be dipped further nearer to the delisted date.Investors will get anxious and rush to sell.It is unlikely ro be near to IPO price. Best to sell
      2021-12-04
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    • Sharkie
      must it be delisted at IPO price since the shares cab be traded in any market ?
      2021-12-03
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    • kctan回复KimberlyMJ
      IPO is $14
      2021-12-03
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  • JCKL488
    ·2021-12-03
    Time to move on to where DIDI will truly be valued 
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    • Lelelok92
      Agreed
      2021-12-03
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  • henryee18
    ·2021-12-03
    So buy now?
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    • KimberlyMJ
      Looks like this is what most are doing
      2021-12-03
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