激情的达伦OP moolalah: From Didi’s official website announcement, they mention convert stock, did not mention privatised, I think that’s why it drop so much. For privatised, it should go up. Anyway, nothing is confirmed until it happens, there were too much drama and fake news for this stock

激情的达伦OP 1027696969: with the gov policy, punishment and the rise of the rival, Didi’s actual value will definitely drop quite some, so I think its HK listed price will reflect its value at that time, definitely lower than US IPO 14, and unlikely to be less 7(half of US IPO), . It’s still so big and with so much money that they collected from US market.

激情的达伦OP : On the one hand, it depends on whether the Chinese government can be tough and insist that if it is not delisted, it will not let the app go online. On the other hand, it depends on whether any agency is doing things to force Didi to buy it back at a high price before it can be delisted. The first condition may be true, and the second condition may not be true, which means that Didi can be delisted at a low price, and then find a way to go public again in Hong Kong. I don't throw up a penny; I can only recognize chives... I've learned another lesson.

激情的达伦OP : It is estimated that listing in Hong Kong will not be that easy in the past. It will take a long time to prepare, but the US delisting will have to be done right away; after all, it is a national security requirement. It is estimated that it can only be bought back and privatized. Well, it depends on how much the repurchase price is. If it is low, it may be prosecuted; if it is too high, it is also a loss.

激情的达伦OP : I read an article that argues that DiDi will probably not privatize, but will first list in Hong Kong and then transfer shares from the US to Hong Kong. It is said that this process is simpler than privatization, and DiDi's own losses are even smaller. However, if this is the case, the Chinese government will probably not let the DiDi app go online until it is delisted. This is likely to continue for half a year to a year. Whether DiDi can handle it, or is it willing to spend money on privatization? If Didi decides to delist quickly, why privatize it at a reasonable price, or force the delisting to wait for the amount of lawsuits and settlements. I think it's more likely to be an intermediate-price privatization. Unless the Chinese government is kind enough to launch the DiDi app, then DiDi can wait until the Hong Kong listing and then switch stocks before delisting from the US.