Buyers punished shares of Chinese language firms traded within the U.S. on Friday as Didi World Inc. searched for methods to again out of its New York inventory itemizing months after the preliminary public providing drew Beijing’s ire.
The Chinese language ride-hailing large’s choice to delist its American depositary shares from the New York Inventory Alternate and pursue an inventory in Hong Kong marked a brand new stage within the decoupling of Chinese language firms from U.S. markets.