Original link: https://www.williamlong.info/archives/6819.html
According to the news on June 3, 2022, Didi’s official website documents show that the delisting application has been submitted on June 2. According to relevant regulations, Didi’s delisting decision will take effect 10 days after the application documents are submitted.
On May 23, 2022, Didi held an extraordinary general meeting to vote on whether to voluntarily delist from the New York Stock Exchange. According to the voting results, Didi confirmed that it will officially proceed with the delisting from the New York Stock Exchange.
According to the announcement on Didi’s official website, the agreement passed at the EGM indicated that Didi confirmed that the company’s American depositary receipts would be delisted from the New York Stock Exchange as soon as possible. Listing on any other stock exchange prior to completion of the delisting.
The CSRC previously responded that this is an independent decision made by the enterprise based on the market and its own situation. The CSRC has always insisted that the overseas listing activities of enterprises should abide by the laws, regulations and supervisory rules of the places where they are listed and where they operate, and require listed companies to effectively protect the legitimate rights and interests of investors, especially small and medium investors. The specific case of Didi’s voluntary delisting has nothing to do with other US-listed Chinese concept stocks, and has nothing to do with the ongoing Sino-US audit and supervision cooperation consultations, and does not affect the cooperation process between the two parties.
This article is reprinted from: https://www.williamlong.info/archives/6819.html
This site is for inclusion only, and the copyright belongs to the original author.