$DiDi Global (Delisted) (DIDI.US)$ Bloomberg's news indicates that the central government did not punish Didi enough, so the Internet Information Office was asked to revise the rectification plan, which meant that even if Didi was delisted, it might not be able to meet the listing conditions.

$DiDi Global (Delisted) (DIDI.US)$ Before holding a shareholders' meeting, shareholders must be clear about the possible consequences of not delisting and the benefits that may be generated by delisting. Otherwise, shareholders will not be able to agree to delisting, then the entire rectification plan will enter a dead cycle. Therefore, without receiving clear instructions from senior management on the entire rectification plan and the possible consequences of not proceeding in accordance with the rectification plan, it would be impossible for the Didi board of directors to hold a voting resolution. However, shareholders cannot vote for promises they cannot see or touch. Their votes must be based on officially announced corrective measures and penalties. All of this information needs to be announced before voting

$DiDi Global (Delisted) (DIDI.US)$ After a wave of backlash, it was first punched in the face by the SEC boss for the attitude of the Sino-US regulatory cooperation process, and then by China's insistence on a dynamic zero-out policy. The worst expectations were, but then just wait for the contraction

$DiDi Global (Delisted) (DIDI.US)$ Visually, the only thing that DiDi cannot satisfy the government in a short period of time is the order compliance rate. If the government imposes a condition that the order compliance rate reaches a certain standard before DiDi can go on the market, it is true that it will not be able to meet the standards for listing in Hong Kong in the near future. Since then, customer acquisition and financing channels have all been cut off, and the current price of DiDi value is not excessive

$DiDi Global (Delisted) (DIDI.US)$ Today's Bloomberg report mentioned four main points: 1. Didi's rectification plan did not meet the standards 2. Suspend the Hong Kong listing 3. Announce the safety review results after a few weeks 4. Remain temporarily removed from the shelves. In the literal sense of the word, if the rectification does not meet the standards, it cannot be listed overseas, and neither can Hong Kong. Didi needs to submit a rectification plan in accordance with the requirements within a few weeks. If it meets the standards, it can meet the conditions for overseas listing, and if it does not meet the standards, it must be delisted. In any case, it will be known in a few weeks, but only whether the rectification plan will have a fatal impact on Didi's long-term value. If there is a fatal impact, Didi may have to go through a repurchase and delist. If there is no fatal impact, the rectification plan will be adjusted in accordance with the standards of the Internet Information Office within a few weeks, leading to the launch of the app. Any way you look at it is good for stock prices.

$DiDi Global (Delisted) (DIDI.US)$ Tonight will be a good trading opportunity

$DiDi Global (Delisted) (DIDI.US)$ It seems that only after completing the delisting from the US stock market, the app can be launched. During this period, the processes of listing on the Hong Kong stock market and delisting from the US stock market must be completed first. Currently, Didi faces the dual pressures of clearing unlicensed drivers and vehicles, as well as competitors rapidly expanding. Uncertain whether the moat will be breached in another six months.

$Grab Holdings (GRAB.US)$ It's hard to imagine that a car hire company with annual revenue of more than 1 billion dollars and losses of several billion dollars can reach a market value higher than Didi

$DiDi Global (Delisted) (DIDI.US)$ Why is Didi slow to publish the second quarterly report? Does anyone know