Hongqing Zhang

HK listing wait will be tougher than apps back to store. Apps back to store is a sure thing on the date the 1.2B fine announced by CCP. HK listing is big different and tougher waiting game. Legal drivers and new security requirements imposed by CCP will be something didi has to face. That takes time and didi will have to make it. No big funds will be be willing to invest seriously in otc securities. HK listing is the only way didi can go and turn it around.
Now it is a fair game starting from square one. Didi needs to be able to beat other competitors like T3, caocao, meituan…and regain the market shares, which I believed will be a short time battle. Market share has been chipped away. Damage is there, and current stock price is reflecting that. Current price should be a safe and fair price and next big gain has to be from data showing progress of HK listing + market share winning back.

Have your own thinking, for future HK listing, financial repackage likely a buy back to private seems to be the only possible way.

HK Ipo for sure, strong hand guys can expect 20$ in long run. I just realize there is some charge by Fidelity for ppl to own didiy, Hope that does cause problems to strong hand guys. Tomorrow it might drop, who care, be with your strong hands and looking long run.

Hard to stop this train now. When it is low, just buy it. believe in one thing: It’s strong business in China.

Fedelity shows 100shares bid at 2.29, 1000 shares ask at 2.30

I kind of agree. Buy back is unlikely, but if it goes that way, will be at $14. Delist and then delist to hk is almost the only way, at about $10-12.

Didi will be forced to buy back at ipo price. Seems there is no way out. Will be delisted for sure, on the other hand, it CANNOT meet hk ipo standards. So…

Didi go to HK will be faster than other normal process. Two things is making the current price at 4.6$. One of course is IPO price for HK listing. 2nd is the market panic sell due to all the uncertainty. Is the HK price gonna be $4.6? No way! This is purely market panic sell. Hold it! Didi for sure is now working with ccp and nyse to get this settled.

I bet didi app won’t be back to shelf until resisting in hk has a clear date. That is ok but how sec will allow it to take 4.4B from ipo and walk away to resist in hk? There has to be some solution between ccp/didi/sec. The current price is due to purely panic sell and ppl refuse to deal with otc and then hk realisting unknown things. But the is bottom line: that 4.4B from investors is not didi’s private property.

Didi delist from US for sure. Two things are for those who long it: 1. Discount ipo in hk, but how much the discount? Reasonable price about $7-10. 2. How can sec let it go without didi paying back investors? Bigger sharks will jump in, since didi can be a big money maker, when it is realist in hk and app back on shelf.