Officials of Relevant CSRC Department Answered Reporter Question
2022-04-16
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Reporter: What are the CSRC’s comments on DiDi’s announcement today about its voluntary delisting from the U.S. stock exchange?
CSRC Official: We have taken notice of the announcement. This is an independent corporate decision made by the company based on its own situation and market conditions. The CSRC has always maintained a consistent attitude that overseas listing of Chinese companies shall comply with applicable laws, regulations, and regulatory requirements in both their host and home markets, and required listed companies to fully protect the legitimate rights and interests of investors, especially those of small and medium investors.
DiDi’s voluntary delisting is a specific case that has no linkage to other Chinese companies listed overseas. It has nothing to do with the ongoing negotiation between Chinese and U.S. regulators over audit oversight cooperation, nor will it affect the advancement of such cooperation.