China's Didi says it won't list elsewhere until after it leaves NYSE

China's Didi says it won't list elsewhere until after it leaves NYSE

REUTERS/Carlos Jasso

Ride-hailing giant Didi Global Inc. said it will wait until it delists from the US before filing elsewhere in light of an ongoing cybersecurity review by Chinese authorities.

The news, which came in a statement on Saturday, throws cold water on the theory that the troubled Chinese tech company might soon transfer its listing to Hong Kong in the wake of a regulatory crackdown last year that prompted it to announce it will leave the New York Stock Exchange.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter