China's online taxi giant DiDi Global announced at the end of 2021 the delisting of its shares from the US market and said it would return to Hong Kong for an IPO. Such Hong Kong IPO has been rumoured several times so far.
According to The Information, citing people close to DiDi, the company now has a plan to list in Hong Kong next year.
The report pointed out that recently David Xu, vice president and head of capital markets at DiDi, as well as the company's management, have frequently met and communicated with US investors at investor events and conference calls organised by investment banks such as Morgan Stanley, JPMorgan, Goldman Sachs, and Citi over the past few months. They mainly conveyed the message that DiDi's operating results are improving and the company is no longer subject to the influence of regulatory factors.
