What happened Shares of DiDi Global (NYSE: DIDI) fell 22% on Friday after the Chinese ride-hailing leader said it was preparing to de-list its shares from the New York Stock Exchange. So what DiDi has had a rough go in the public markets. Its shares have shed more than half their value since the company's initial public offering (IPO) in June. Things were rocky from the start. In early July, The Wall Street Journal reported that Chinese regulators had wanted DiDi to postpone its IPO. China's cybersecurity agency reportedly indicated that DiDi should have conducted a more intensive review of its network to ensure proper safeguards were in place to protect Chinese citizens' personal information. DiDi, however, decided to press forward with its IPO. Regulators responded by barring the company from signing up new users in China. DiDi's stock price plunged on Friday. Image source: Getty Images. The situation has apparently deteriorated to the point where DiDi is now being pressured to de-list its shares from the U.S. financial markets. The news drove U.S. investors, many of whom were already frustrated by DiDi's seemingly self-induced troubles, to sell their shares today. Now what DiDi said it would pursue a listing for its shares on the Hong Kong Stock Exchange. It will also ensure that its American depositary shares (ADS) are convertible into new shares that are tradable on "another internationally recognized stock exchange." Investors should expect to receive notification of an upcoming stockholders meeting, during which time they will be able to vote on the selection of the new exchange listing. 10 stocks we like better than DiDi Global Inc.When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and DiDi Global Inc. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 10, 2021 Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source