4 boots waiting to land 👢👢👢👢

1. SEC fines; 2. Fines from the Chinese government; 3. Can the product be re-launched; 4. Whether Hong Kong stocks can be re-listed;
Most importantly, the financing capacity of the Hong Kong market is far less than that of US stocks. I wonder how much more can be raised? With losses of tens of billions of dollars a year, DiDi urgently needs refinancing, otherwise it will be difficult to sustain the market.
Subsequent rivals such as Meituan and Cao Cao Travel have caught up, and the active chess that has ruled the world has once again been turned into a scuffle between the Seven Nations, and a new round of money-burning scuffle. The path to profit is far away.
The end of the market is likely to be another outcome. It was not their peers who overcame DiDi, but RoboTaxi from the AI army, Tesla, Baidu, and TonyAI.