June 17 - Reuters reports that China's market regulator has begun an antitrust probe into Didi, citing three people with knowledge of the matter. listing, setting the stage for what is expected to be the world's biggest initial public offering of 2021. [ Following are key events since Didi publicly announced its intention to list in the United States: June 11 - Beijing-based Didi makes public the filing for its U.S. comes as a deepening regulatory crackdown wiped billions of dollars off the ride-hailing giant's valuation. Sources told Reuters that LinkDoc was in the midst of filing for a 211 million initial public offering (IPO) in New York but scrapped the plans after Beijing pulled Didi from app stores and from.HONG KONG: Didi Global said on Friday it will delist from the New York stock exchange and pursue a listing in Hong Kong, the latest development after it ran afoul of Chinese regulators by pushing ahead with its $4.4 billion U.S. It will make a final decision about the listing venue within the next two weeks, they added. Ximalaya’s revenue rose 55.5 in the first half of the year to 2.5 billion yuan (388 million), which was down a bit from the 65.2 revenue growth cited in the U.S. The CAC and Ximalaya did not respond to requests for comment. Shanghai-based Ximalaya, which filed publicly for the U.S. IPO in late April, has started pre-marketing the float since early May and looked to raise about $500 million, said two of the sources. The potential change of venue comes as China further tightens its ideological grip on private media and internet businesses amid China-U.S. HONG KONG, July 8 (Reuters) - Chinese medical data group LinkDoc Technology Ltd (LDOC.O) has shelved plans for an IPO in the United States due to Beijing's clampdown on overseas listings by. tensions.Ĭhina's ruling Communist Party (CCP) has long maintained a tight grip over ideology and propaganda, especially over state media which it can use to assert its authority. HONG KONG : Chinas largest online audio platform Ximalaya will file for its Hong Kong initial public offering (IPO) next week after dropping its plans to list in the United States, according to three sources with direct knowledge of the matter.The Shanghai-based company announced on Thursday it would not proceed with its U.S. 'Domestic regulators have become more uncomfortable with Chinese media, content firms which operate in the country and obtain voluminous user data, but are incorporated offshore and now seek overseas listings,' one of the sources said.Īnother of the sources said that the Ximalaya move also comes amid Beijing's growing concerns that U.S. The sources that are outside the smaller resolution are moved into the visible area. regulators will potentially gain greater access to audit documents of Chinese companies listed in New York, notably those that involve massive user or national data.

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Solution: for every base (canvas) resolution you intend to use, use an extra profile+scene collection pair. securities regulator began a rollout of rules that would exclude foreign companies from U.S. 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. exchanges if they do not comply with U.S. On the same day, Reuters reported that LinkDoc, a Chinese medical technology company, had also shelved its IPO plan.

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