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Sunday Dec 05, 2021
Sunday Dec 05, 2021
The Chinese ride-hailing giant announced that it will delist from the New York Stock Exchange and pursue a listing in Hong Kong, after running afoul of Chinese regulators over data security by pushing ahead with a blockbuster $4.4 billion IPO in July. The once high-flying tech giant was caught in a regulatory storm at home immediately after its U.S. listing, wiping half its market value.
https://m.21jingji.com/article/20211203/herald/88001cc0407691ba22d83082ce8be991.html
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