By Julie Zhu, Kane Wu and Brenda Goh
HONG KONG/SHANGHAI (Reuters) -Chinese regulators have pressed top executives of ride hailing giant Didi Global Inc to devise a plan to delist from the New York Stock Exchange due to concerns about data security, two people with knowledge of the matter told Reuters.
China’s powerful Cyberspace Administration of China (CAC) has asked the management to take the company off the U.S. bourse due to worries about leakage of sensitive data, said one of the…
Source link
