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Didi blocks employees from selling shares indefinitely

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Didi Chuxing ordered current and former employees not to sell shares indefinitely.

Dec. 27 was supposed to mark the end of a 180-day prohibition period, but that has now been extended until an undetermined date.

Chinese authorities launched an investigation into Didi’s data security practices after it went public in the United States. This month, Didi announced it would delist from the United States and pursue a listing in Hong Kong.

Read more from the Financial Times.

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