$DiDi Global (Delisted) (DIDI.US)$Chinese state-owned carmak...

$DiDi Global (Delisted)(DIDI.US)$Chinese state-owned carmaker China first Automobile Group Co., Ltd. is considering buying a large stake in troubled ride-hailing giant DiDi Global Inc., according to people familiar with the matter.

The people, who spoke on condition of anonymity because the news was not made public, said that FAW had contacted DiDi Global Inc. 's executives to express their interest in becoming a major shareholder of DiDi Global Inc., Bloomberg reported.

China's FAW has promised to help DiDi Global Inc. solve problems related to data security, paving the way for a Hong Kong listing, according to people familiar with the matter. However, the discussion is still at a preliminary stage and an agreement may not be reached.