$DiDi Global Inc.(DIDI)$ This is one of the cheapest, most undervalued quality brand name stocks you can buy right now once DIDI has everything cleared. From Cybersecurity, Covid, USA delisting and Chinese government regulation against DIDI; if they can get away and resolve all these issues, the stock is going to be worth over $20/share. DIDI is on track to bring in higher revenues than $Uber(UBER)$ on an annual basis end of 2022 or 2023 and will be the largest ride sharing company not only in China, but the world. Not sure about you guys, but it may be worth taking a risk to buy some shares in small amounts. This shouldn't be a large holding, but a small one, as it can continue to go lower. But the risk/reward is amazing. We're talking 1000% to 2000% return. I don't think China will shut down DIDI either, they will eventually release the suspension on their app from being downloaded and allow them to continue doing business, as it is the best-in-class ride sharing company in China at the moment. If they can't get listed on the Hong Kong stock Exchange and get delisted from the NYSE - Nasdaq exchange, it will go to OTC.
And we all know how a similar stock, $Luckin Coffee Inc.(LKNCY)$ , turned out. It went from $0.95 to $17/share on the OTC exchange after being delisted from the USA exchange.
If you have some guts and don't mind taking risking away some cash, this may be a good opportunity here. That is my 2 cents.
Comments