Pinduoduo, Full Truck cancel Hong Kong listing plans, The Information says

Pinduoduo (PDD) has put discussions about a possible Hong Kong listing on hold and Full Truck Alliance (YMM) also scrapped plans to list shares in Hong Kong as soon as January, according to The Information’s Juro Osawa, citing two people with knowledge of the companies’ plans. Dropping plans to dual-list shares in Hong Kong may signal that "the companies no longer feel the need to hedge against future regulatory conflicts between the U.S. and China," the report said. Reference Link