Compliance with China Government is a good thing for DiDi
China government warned DiDi not to go public last year and their operations in China were hit so badly after the IPO. Compliance with the government (by delisting) will allow them to work freely and I believe their stocks which will be traded over-the-counter is going to be in the two digits very soon. This is a very huge company with app customers more than the US population.
$DiDi Global (Delisted) (DIDI.US)$
$DiDi Global (Delisted) (DIDI.US)$
Disclaimer: I own DiDi stocks
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71860595 OP : hopefully the company will offer cash buyout for us as investors
Jeff Boyd : Only time will tell. Can't say I care about trading on the OTCBB but they need to get back on the app stores and somehow provide the CCP whatever it is that they are looking for or it will get worse.
71860595 OP Jeff Boyd : the CCP wants them out of the US stocks exchange arguing that sharing their information with the US officials is a cybersecurity threat while the US won't allow them to continue without being transparent.
I believe the complaint got the money needed to grow and the Chinese government will be satisfied with the withdrawal.
MonkeyGee 71860595 OP : honestly why would Didi have to share customer travel info with USA? makes mo sense