Didi International Inc. plans to delist its shares within the U.S. and pursue an inventory in Hong Kong, a dramatic reversal simply months after the Chinese language ride-hailing group’s ill-fated preliminary public providing in New York.
The transfer, which Didi stated Thursday was supported by its board, comes as authorities in Beijing wrap up a cybersecurity probe into the corporate. It could mark an escalation within the monetary decoupling between the U.S. and China, which has already seen a number of Chinese language firms expelled from American exchanges.