News, Reviews & Betas which includes large community peer support Didi Chuxing has said it will de-list from the New York Stock Exchange and will instead list in Hong Kong. Chinese tech firms have faced pressure to take these measures from Chinese regulators.
The Chinese ride-hailing firm, Didi Chuxing, has said that it will start de-listing from the New York Stock Exchange (NYSE) and move to list in Hong Kong instead. The de-listing comes after Chinese regulators asked the firm to de-list over concerns about the leakage of sensitive data; the country passed a law earlier this year to tighten up data protection so that it can be taken more seriously when compared to other places such as the EU which has GDPR.