China’s Didi Global plans Hong Kong listing in 2024: Report

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Didi Global Inc, Chinas biggest ride-hailing company, plans to list its shares on the Hong Kong Stock Exchange next year, Bloomberg News reported on Friday, citing people familiar with the matter..

The company recently informed current workers that they can sell their shares under the employee stock ownership program back to the company, a step that is viewed as a part of the preparation to list the firm in Hong Kong, the people told the news agency..

Chinese authorities had forced Didi Global to delist from the New York Stock Exchange last year after it ran afoul of the authorities by pushing ahead with a $4.4 billion listing in the US in July 2021..

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