News on DiDi options contract changes
Seems like still can trade options and stocks as per normal hehehe ![]()
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not sure, wait till Monday see how.
According to OCC Information Memo file, $DiDi Global (Delisted) (DIDI.US)$ will change its trading symbol to DIDIY effective June 13, 2022, due to the listing of the company on an OTC market.
According to OCC Information Memo file, $DiDi Global (Delisted) (DIDI.US)$ will change its trading symbol to DIDIY effective June 13, 2022, due to the listing of the company on an OTC market.
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77112030 : Please tell me that Phillip Securities does not support OTC trading, and now Futu doesn't accept DiDi transfers. What should I do? Is that how my stock becomes waste paper? Now I'm in a hurry and want to hit a wall![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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doctorpot1 OP 77112030 : Your DiDi stock isn't necessarily waste paper because it's trying to go public in Hong Kong. In order to go public in Hong Kong, DiDi first needs to pass a cybersecurity review. However, in order to pass the cybersecurity review, they need to be delisted from the US market first.
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So now that DiDi has been delisted from the US market, I hope they can pass the cybersecurity review, and then I hope that DiDi can be successfully listed in Hong Kong. If they successfully go public in Hong Kong, management promises to convert their shares to Hong Kong stocks.
I look forward to it being listed in Hong Kong and transferring our shares to the Hong Kong market. I'll also see if stocks and options can still be traded on Futu on Monday. If not, it doesn't matter; I'll wait for him to list Didi in Hong Kong.
However, DiDi will not necessarily be able to successfully go public in Hong Kong. Can't get on, let's hit a wall together
77112030 : It hit the fan list on 6/13, and my stock broker just replied that I could sell it in the background. You can sell it on Monday. I'm wondering if I want to sell it right away or wait? What do you think?
doctorpot1 OP 77112030 : I can't recommend it because I don't have a financial license. So I'm not talking about financial advice, but my own thoughts. DiDi is a risky stock with lots of uncertainty and risk. So you need to ask yourself how much risk are you willing to take for the potential benefits?
The easiest way is to think about the scenario and see what you think.
If DiDi becomes waste paper and you lose all your investment, what impact will that have on you? If DiDi were able to go public in Hong Kong, how much do you think you could benefit from it? Based on all of your research, what is the probability that DiDi will successfully go public in Hong Kong? How much risk are you willing and able to take to know you might lose everything in order to get a chance at potential profit?
Because DiDi is a risky stock, I've only invested very little money. Losing all of this won't have any impact on my life, and I'm willing to risk some of the potential gains. You must decide for yourself based on your finances and risk appetite. Investing shouldn't become a gamble; you need to manage it well.