DiDi Stock (DIDI): Why The Price Went Up Today

By Amit Chowdhry ● Jan 12, 2022
  • The stock price of DiDi Global Inc (NYSE: DIDI) increased by 1.22% today. This is why it happened.

The stock price of DiDi Global Inc (NYSE: DIDI) increased by 1.22% today. Investors are responding positively to a report that DiDi Global is in talks to launch an IPO in Hong Kong in the second quarter as the company is preparing to exit the New York Stock Exchange (NYSE), according to two sources with South China Morning Post.

DiDi’s bankers reportedly had preliminary discussions with the Hong Kong Exchanges and Clearing Limited (HKEX) before submitting an A1 form to officially apply to list on the exchange. The financial terms of the proposed listing are still being worked out.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.