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Chinese listings in the United States have fallen sharply since Didi debuted in New York on June 30 - defying regulators' wishes to pause the listing - due mainly to concerns about an unprecedented regulatory crackdown on technology companies.
Chinese ride-hailing giant Didi Global will delist from the New York stock exchange and pursue a listing in Hong Kong, it said on Friday, after it ran afoul of Chinese regulators by pushing ahead with its $4.4 billion U.S. IPO in July.
The company made the announcement first on its Twitter-like Weibo account.