SINGAPORE—China’s internet watchdog suggested ride-hailing giant Didi Global Inc. and two other U.S.-listed tech firms explore listings in Hong Kong, as Beijing wraps up cybersecurity investigations into the companies, people familiar with the matter said.
The Cyberspace Administration of China, which in July started data security reviews into apps operated by the three companies, broached the idea in recent conversations with executives from Didi, logistics platform Full Truck Alliance Co. and online recruitment firm Kanzhun Ltd. , the people said. The three companies went public in June after raising nearly $7 billion in total.
