Nearly 100 billion market value evaporated overnight, and Didi was forced to take off the shelf. Why is it rushing to go public in the United States?

In fact, why do many companies want to go public in America? This is mainly because there are not so strict restrictions on capital transfer in listing in the United States. If a listed company is established in China, a large amount of funds will flow out to see if it is allowed to flow out. Once the capital flows out, it will not only have a great impact on our country, but also support other places.

In fact, it is not only our domestic Didi companies that want to list in the United States, but most large companies want to list in the United States. These include Alibaba, JD.COM, Baidu Vipshop, Ctrip, SouFun, ZTO Express and Sina. , which we are familiar with, have been listed in the United States.

There are four main reasons why these companies choose to list in the United States:

1. Easy transfer of assets: In my opinion, many large companies are listed in the United States. One of its biggest reasons is that it is more convenient to transfer assets, because these people tend to immigrate to the United States, or the investors behind them have an American background. So I want them to go directly to the US stock market. Another advantage is that it is more convenient to transfer assets.

2. It is difficult for us to go public in China for too long. It takes too long to queue up for IPO.

The corporate credit of listed companies will go up a storey still higher, so it will be easier to borrow money from banks in the future.

4. The major shareholders of Didi Group such as Softbank Group and Uber Group are all large American companies. The founders of Didi Group and Tencent only hold a small number of shares, and it is understandable to go public in the United States. The American stock market is the largest in the world. If you go public in the United States, the market value of the company will increase even more, and you will get more funds.

But you said Didi has been listed for so long, and it is also a listed company. Does he need to say the second reason? The reason for 1 is basically negligible for him, so why did he choose to go public in the United States? I think the reason is only 1.

To be honest, Didi's listing in the United States is also a helpless move. On the one hand, it is very difficult for companies like Didi to go public in the domestic market. Although the management has enlightened the listed company on whether it is profitable or not, it does not need to have high profits. However, companies with large losses and high risks like Didi will not easily approve listing;

On the other hand, Didi can develop rapidly, relying on the pursuit of capital and the burning of money by so-called venture capital. The purpose of these capitals is to gamble on listing. If Didi is difficult to list in China, the capital will be hit hard. Obviously, Didi doesn't want to do this. To some extent, there may be listing commitments and gambling agreements. Naturally, you will choose to go abroad for listing.

However, Didi has a large number of user resources, and once it is leaked, it will cause great risks. Therefore, just a few days after Didi went public in the United States, the National Network Information Office asked Didi to remove related apps, which was a big blow to Didi. So it is normal for the stock price to plummet.

In the face of strict domestic audit procedures and high threshold for listing, Didi knows that listing in China is obviously no less than heaven. Moreover, Didi's performance in China is very poor, and its financial statements have been losing money. At least it is difficult to meet the minimum requirement of being profitable for more than three years before it can be listed on the A-share market. Obviously, China has set a high threshold for listed companies, and it also has its own starting point, which is to try its best to protect the hard-earned money of the people at the bottom.

In this context, Didi does not reflect and rectify. Instead, in order to achieve the purpose of enterprise expansion, it is eager to achieve success and make mistakes again, aiming at the low threshold listing conditions in the United States and putting it into action. According to the requirements of the United States, all the materials were taken to the United States for review and listing. As a result, stealing chickens and not eating rice, shooting themselves in the foot, the result is naturally self-inflicted. It is said that many shareholders of Didi are foreigners, which is one of the reasons why Didi rushed to go public in the United States and successfully became a listed company in the United States.