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April 18, 2022
Key Takeaways: LinkDoc has formally withdrawn its plan to raise $200 million from a U.S. IPO, nine months after its 11th hour halt to the l...
April 4, 2022
Key Takeaways: China’s securities regulator has published draft rule changes that would allow information sharing between Chinese company ...
July 13, 2021
Jamie Murrays Top Picks: July 12, 2021 CPPIB invests US$800M in Indias Flipkart Group Virgin Galactic sinks on stock-sale plan after Branson trip Larry Berman: High bar set for U.S. earnings quarter Strong stock market run not a signal of impending correction, say experts U.S. stocks hit records ahead of earnings; oil falls Andrew Pyles Top Picks: July 9, 2021 U.S. stocks climb to all-time highs while bonds retreat John Zechners Top Picks: July 8, 2021 Meme stocks are on brink of bear market as...
July 12, 2021
Cathy Chan, Bloomberg News Buildings in the Manhattan skyline in New York, U.S., on Thursday June 17, 2021. New York states pandemic mandates were lifted last week, after 70% of the adult population has now been given at least one dose of a coronavirus vaccine. Photographer: Victor J. Blue/Bloomberg , Bloomberg (Bloomberg) -- Just months after bankers celebrated a record haul from taking Chinese companies public in New York and Hong Kong, they...
July 10, 2021
Its a โgolden ageโ for Chinese brands bolstered by tech crackdown Sorry, but your browser needs Javascript to use this site. If youre not sure how to activate it, please refer to this site: https://www.enable-javascript.com/ A customer shops at a Perfect Diary store in Beijing in August of last year. From cosmetics to bubble tea, Chinese ventures making waves among a new generation of shoppers are becoming a magnet for funds hunting for their next big hit. | REUTERS Bloomberg Ju...
July 10, 2021
China tightens rules on foreign IPOs in new blow to tech firms Sorry, but your browser needs Javascript to use this site. If youre not sure how to activate it, please refer to this site: https://www.enable-javascript.com/ China said its companies that hold the data of more than 1 million users must now apply for cybersecurity approval when seeking overseas listings, as regulators tighten oversight of the countryโs tech giants. | AFP-JIJI BLOOMBERG Jul 10, 2021 China proposed ne...
July 9, 2021
ย >>ย Reuters The Chinese national flag is seen in Beijing, China April 29, 2020. REUTERS Chinas securities regulator is setting up a team to review plans by Chinese companies for initial public offerings (IPOs) abroad, sources with knowledge of the matter said, including those using a corporate structure which Beijing says has led to abuse. "); } Chinese companies looking to list offshore will also need approval from the relevant ministry, the sources told Reuters, in a break from a deca...
July 8, 2021
Analysis-U.S. IPO market a danger zone for Chinese firms after Beijing crackdown 07/08/2021 | 01:37am EDT Send by mail : Message : Required fields HONG KONG/NEW YORK (Reuters) -Chinas stepped-up scrutiny of overseas listings by its companies and a clampdown on ride-hailing giant Didi Global Inc soon after its debut in New York have darkened the outlook for listings in the United States, bankers and investors said. On Tuesday Beijing said it would strengthen supervision of all Chinese firms lis...
July 8, 2021
Exclusive: Chinas LinkDoc shelves US$211 million US IPO after regulatory crackdown Toggle share menu Advertisement 08 Jul 2021 11:50AM Share this content Bookmark HONG KONG: Chinese medical data group LinkDoc Technology Ltd has shelved its listing in the United States to raise up to US$211 million following Beijings clampdown on overseas listings, according to three sources with direct knowledge of the matter. LinkDoc, which is described as a Chinese medical ...
July 8, 2021
Exclusive-LinkDoc becomes first Chinese firm to shelve U.S. IPO after Beijings crackdown By Scott Murdoch and Kane Wu Reuters HONG KONG (Reuters) - Chinese medical data group LinkDoc Technology Ltd has shelved plans for an IPO in the United States following Beijings clampdown on overseas listings by domestic firms, according to three sources with direct knowledge of the matter. It is the first known Chinese firm to pull back from its IPO plans since the crackdown began last week with an inv...