DiDi’s US Departure Will Accelerate Decoupling

DiDi’s US Departure Will Accelerate Decoupling
This photo taken on Sept. 4, 2018, shows a logo of Didi Chuxing displayed on a building in Hangzhou, Zhejiang province, China. STR/AFP via Getty Images
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Chinese ride-hailing company DiDi’s announced delisting from the New York Stock Exchange effectively ends the Chinese technology industry’s parade of public offerings in the United States.

DiDi’s run as a listed company has been tumultuous. Its stock has lost nearly 50 percent of its value since its initial public offering (IPO) six months ago.

Fan Yu
Fan Yu
Author
Fan Yu is an expert in finance and economics and has contributed analyses on China's economy since 2015.
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