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China Southern Airlines and China Eastern Airlines said they will voluntarily delist ADRs from the NYSE, following the exits of five other Chinese state-owned enterprises in August. Source link
Read More »China’s top chip maker SMIC says it has never had any Russian clients
Shanghai-based Semiconductor Manufacturing International Corp says it has always been operating in compliance with existing trade restrictions. Source link
Read More »Didi to vote on US delisting in May, says no new listing plan before NYSE exit
Didi Global, the Chinese ride-hailing giant being investigated by Beijing, said it will hold a special shareholder meeting on May 23 to vote on its “voluntary” delisting in the United States. Source link
Read More »Didi bars employees from selling shares until Hong Kong listing
Employees at China’s ride-hailing giant Didi Global were told that they cannot exert their stock option rights until the day the company completes a listing in Hong Kong, according to an internal memo seen by the South China Morning Post.The company announced plans this month to delist from the New …
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