Didi Global‘s plans to delist from the New York Stock Exchange months aft going nationalist triggered concerns implicit the aboriginal of different U.S.-listed Chinese companies.
Chinese tech stocks person borne the brunt of this stroke to marketplace sentiment, with the Hang Seng Tech Index—which tracks the Hong Kong-listed shares of China’s largest exertion companies—hitting an all-time debased earlier this week. Alibaba (ticker: BABA) and JD.com (JD), which are listed successful some Hong Kong and the U.S., person been immoderate of the biggest losers.
Didi’s...
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