Jun. 22 at 5:58 PM
$DIDIY you guys should do like I did, I spend 24 hours to learn exactly what it takes for a
$30 billion revenue chinese company with 4.8 billion ADS to get a listing by introduction on HKEX.
Many many rules. And the sponsor, Goldman in this case, is ( from around april 2025 till now) doing exactly what they must do to prepare and have a successfull listing on HKEX.
They are allowed to keep it secret till PHIP. And between PHIP date and first listing day on HKEX lust be minimum 3 trading days. The close on last otc day will normally the open on HKEX. Believe me, its very complicated, Goldman must invest huge amounts of money and if everything goes well, Goldman will also gain huge amounts of money. As a reward for taking the risks.
Anyway, I m not in Didi to explain things.
Cheers
