Logo 22 Oct 2021

A future in Hong Kong for Didi?

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Yesterday, the WSJ reported the CAC is trying to nudge Didi toward listing in Hong Kong.
That’s weird, because: Didi tried that before, but failed. 
Some background: Before pursuing a US IPO, Didi planned to go for an HK IPO in mid 2020 but the securities watchdog, CSRC, didn’t like the idea. 
The ...