Didi and two other Chinese app operators have been blocked from signing up new customers shortly after they sold shares to investors in the United States, as I outlined on Monday. The Financial Times reported on Thursday that Keep, a Chinese sports-oriented social platform, and Ximalaya, the largest podcast platform in China, have both cancelled previous IPO plans in the United States during recent weeks. regulators will potentially gain more access to audit documents of New York-listed Chinese companies.Īnalysts also note the tougher stance coincides with new U.S. LinkDoc Technology, which is a China-based company that leverages sophisticated data technologies for oncology patients, was expected to pull off its IPO last week. Faced with Possible Effects of Didi App Removal, Chinese Companies Keep, Ximalaya and LinkDoc Cancel IPO Plans in US. The company, which is reportedly backed by Alibaba, filed for an IPO last month and was due to set a price for its shares later today (Thursday July 8). Listing plans and opt for Hong Kong instead, with one source at the time citing Beijing’s concerns that U.S. ![]() LinkDoc Technology Ltd has suddenly shelved an IPO that was set to raise up to 211 million in the US, according to sources who spoke to Reuters and Nikkei. ![]() In May, Reuters reported that Beijing was pressing audio platform Ximalaya to drop U.S. #Didi chinabased keep ximalaya linkdoc ipotimes series#. ![]() #Didi chinabased keep ximalaya linkdoc ipotimes full#.
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