Sources
Loading...
A newer version of this article is available. Read the latest version
8 posts • ChatGPT (GPT-3)
Published
China's ride-hailing giant Didi is planning a listing in Hong Kong next year as it seeks to make a comeback from its ill-fated initial public offering (IPO) in New York in 2021. The move comes after Didi's failed IPO in the US and aims to raise investor confidence. Didi's Hong Kong listing is expected to take place in 2024. This decision follows J&T Express' $500 million IPO launch in Hong Kong, which missed its initial target. Additionally, China Resources' property arm is also planning an IPO in Hong Kong to raise $500 million.