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Friday, December 3, 2021

Didi shares plunge 20% on plan to delist from New York Stock Exchange

HONG KONG (Reuters) - Just five months after its debut, ride-hailing giant Didi Global said on Friday it would withdraw from the New York Stock Exchange and pursue a Hong Kong listing, a stunning reversal as it bends to Chinese regulators angered by its U.S. IPO.

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