Didi Chuxing shares plunged early this week following a report that says the Chinese ride-hailing giant barred employees from selling the company’s stocks. 

Nikkei Asia stated that people familiar with the matter reported that Monday (Dec. 27) marked the end of the 180-day lock-up period in which Didi did not allow its current and former employees to sell shares. However, the app-based ride-hailing services company has extended the prohibition period without a new expiration date. 

Didi’s shares fell nearly 4% on Monday to $5.39. The move was the latest setback to its employees since Didi has lost about $38 billion in market capitalization after its IPO in June. 

Didi announced earlier in December that it would delist from the U.S. stock market and sought a listing in Hong Kong.

A source forecasts that the employees could sell shares after the company started trading in Hong Kong market. 

Li Chengdong, head of e-commerce think tank Haitun, said that many people would be disappointed with the matter and would leave after having their reviews for three or four years.

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