The Cyberspace Administration of China, the agency responsible for data security in the country, has directed Didi to work out precise details, subject to government approval, they said. A logo of Chinese ride-hailing firm Didi Chuxing is pictured at its headquarters in Beijing on July 2. Regulators in China have asked Didi Global to delist from US bourses. Photo: AFPProposals under consideration include a straight-up privatization or a share float in Hong Kong followed by a delisting from the US, the people said. Even if Didi shifts its listing to Hong Kong, it will have to address the data security concerns that have drawn scrutiny from regulators.

Source: Taipei Times November 27, 2021 00:59 UTC