Chinese carmaker FAW Group considers buying stake in Didi Global

• FAW pledges to help Didi resolve data security issues

• Carmaker will help Didi in its long-waited Hong Kong listing

China’s state-owned carmaker FAW Group Co is planning to acquire a significant stake in ride-hailing giant Didi Global Inc (NYSE: DIDI), Bloomberg reported on Friday, citing people familiar with the matter.

The news comes days after the Didi received shareholders’ approval to delist from New York Stock Exchange attempt to appease Chinese regulators.