Chinese regulators want Didi to delist from US on data security fears: report

Didi’s shares are trading 14.5% below the U.S. IPO price.

Chinese regulators have asked top executives of ride hailing giant Didi Global Inc to devise a plan to delist from US bourses on data security fears, Bloomberg News reported.

China’s tech watchdog wants the management to take the company off the New York Stock Exchange on concerns about leakage of sensitive data, the report said, citing people familiar with the matter.

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