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Chinese ride-hailing app Didi announced last week that it would delist from the New York Stock Exchange and pursue a listing in Hong Kong.
Delisting means a Chinese company traded on an exchange — like the Nasdaq or New York Stork Exchange — would lose access to a broad pool of buyers, sellers and intermediaries.
Rising political pressure in the U.S. and China are increasing the chance that Chinese stocks listed in New York might be forced off exchanges there.
While the Chinese government has yet to outright ban foreign listings, new rules announced this summer have discouraged what was once a rush of Chinese IPOs in the U.S.



I am not a financial advisor. The ideas presented in this video are personal opinions and for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make.

#DIdi #StockExchange #China

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