#SOURCES DIDI KEEP LINKDOC US CRACKED#
#SOURCES DIDI KEEP LINKDOC US PLUS#

Even if they got the green light from back home, pitching US 'China's new regulatory oversight throws all that into Last week, is likely to also postpone its plan. Ltd., an Alibaba-backed home services platform that filed for a listing IPOs, at least for now,' Matt Kennedy, senior IPO market strategist atĬiting the case of LinkDoc, Kennedy noted that Daojia 'It's fair to say that the IPO window has closed for Chinese

#SOURCES DIDI KEEP LINKDOC US CRACKED#

SEC before the watchdog cracked its whip will also have to reconsider – though,Īs the South China Morning Post said earlier, the new fundraising rules, whichĪre centered on data security, may slow the IPOs rather than end them completely. Managed to set the terms for its $300 million public offering which did not goĪ slew of other Chinese companies that have filed with the Lifestyle, a -backed hotel chain operator in China, has also Kong listing would be regarded as a preferred outcome.'Įarlier, the digital solutions spin-off of AMTD Group AMTDĭigital prepared to go public in New York in a deal worth about $130 millionĪnd was removed from the calendar on undisclosed reasons. The Financial Times quoted a source saying: 'AfterĬommunication with the relevant regulators, Ximalaya understands that a Hong The company filedįor a listing on the New York Stock Exchange in early May but has put a Reported by the Financial Times, the Tencent- and SoftBank-backed platform thatĪnticipated to raise up to $500 million is no longer doing the roadshow.įurther, Ximalaya Inc., China's largest podcast platformĪlso backed by Tencent Holdings (OTC: TCEHY HKEX: 0700), now sees Hong Kong as This included China's topįitness app Keep, which last week pulled its plan for a New York listing.

Significantly from the regulatory crackdown and is being forced to divestĪnd it's not just LinkDoc: a slew of Chinese IPOs have beenĬanceled in the United States over the past few weeks.

#SOURCES DIDI KEEP LINKDOC US PLUS#

Longer a plus – China's tech titan has been suffering

Having among shareholders Alibaba Group (NYSE: BABA HKEX: 9988) is no Health-backed health tech LinkDoc Technology Ltd. On fundraisings earlier this week and thus wiped out any near-term Chinese Following a massive antitrust campaign in its tech Prior to the float, there had been some reports that an antitrust probe could be among the risks associated with the offering and those concerns were described at the time by the company as 'unsubstantiated speculation from unnamed sources'.After all the condemnation of Washington's actions againstĬhinese companies and threats of a response, it seems Beijing has decided to The Chinese government this weekend said that group had committed serious violations related to the collection and use of personal data, and, ordered its apps be removed from app stores in the country. Ride-hailer Didi has been under fire in the market since a Chinese authorities clampdown which saw its app banned in the immediate aftermath of its US$4.4bn IPO and US markets debut.ĭiDi shares plummeted this week after the censure. The Chinese medical data group has been working on a float, with intentions to raise US$211mln, but according to a Reuters report the IPO has been shelved. LinkDoc Technology has reportedly whipped away its plans to IPO in the United States in the wake of the DiDi calamity which continues to come under scrutiny in both the East and West.

Sources didi keep linkdoc us