Rumor: Chinese regulators demand that Didi be delisted from the US

Bloomberg reports that due to concerns about sensitive data leaks, Chinese regulators have asked Didi executives to develop plans to delist the market from the US. Plans include direct privatization of Didi or listing it in Hong Kong, and then delisting it from the US. Sources said that if privatization is carried out, the price will not be lower than $14 at the time of the IPO. The plan is still under review, and regulators are likely to change their minds.
$DiDi Global (Delisted)(DIDI.US)$