Didi Global has announced plans to delist its shares from the New York Stock Exchange just five months after the Chinese ride-hailing giant’s U.S. initial public offering.
Tagged By export
Workers can’t afford Biden’s pro-China Ex-Im Bank nominee
The Export-Import Bank already has a troubling history of subsidizing China’s largest financial institutions. Unfortunately, President Joe Biden’s nominee to lead the Ex-Im Bank, Reta Jo Lewis, …
China Sporting Goods and Equipment Import Expo held in South China
Sporting Goods and Equipment Import Expo opened in Haikou, capital of South China’s Hainan Province on Friday. The sporting expo has attracted about 300 enterprises and associations from home and …
Didi’s abrupt US delisting shows the extremes of Beijing’s data security crackdown
Beijing’s new focus on data security is forcing Chinese ride-hailing giant Didi Chuxing to depart the New York Stock Exchange less than six months after its more than $4 billion listing. The company …
US, EU diplomats voice concern about China’s human rights abuses, aggression
Wendy Sherman and Stefano Sannino discuss repression in Xinjiang and Tibet and ‘the erosion of autonomy and democracy in Hong Kong’, among other topics.
‘One Shoe Program’ helps China’s one-legged amputees ‘One Shoe Program’ helps China’s one-legged amputees
To help people who need single shoes buy footwear more easily, Chinese e-commerce platform Tmall, a spin-off of China’s e-commerce giant Alibaba, and China Disabled Persons’ Federation (CDPF) launched …
China Easing Rules for US Business Travelers, Approvals in 10 Days
China will cut to no more than 10 days the time required for approval of travel by U.S. business executives, its ambassador to the United States said on Thursday, promising to turn “an attentive ear”…
Sweet words from China to US business fail to soothe Washington ire
As Beijing woos American business leaders, State Department tells them ‘they are not bystanders’ in the broader relationship between the two countries.
Nepal faces significant fall in imports from China, traders bear the brunt
Traders in Nepal are facing delays and inconsistencies in import orders from China, leading to unprecedented monetary losses.
Didi’s 44% Slump Makes It Biggest China IPO Loser in U.S.
As Didi Global Inc. starts work on delisting its U.S. shares, the ride-sharing company is poised to deliver the worst performance in initial months of trading for any major Chinese listing stateside.
Bitcoin hashrate bounces back after China crypto clampdown
When China cracked down against the crypto industry earlier this year, one metric that suffered as a result of the clampdown was the Bitcoin mining hashrate, wh …
Less than 6 months after its IPO, China’s Didi says it will delist from the New York Stock Exchange
Chinese ride-hailing giant Didi said Friday that it will start delisting from the New York Stock Exchange, and make plans to list in Hong Kong instead. It comes less than six months after the tech…
China to cut US soy imports after shipping delays clip export window
US soybean shipments to China in 2020-21 were the strongest since the 2016-17 season, thanks in part to a delayed start to the 2021 Brazil export season that helped extend US sales.
