Page 3 - Linkdoc Technology News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Beijing tightens rules on foreign IPOs Bloomberg News Save Share China proposed new rules that would require nearly all companies seeking to list in foreign countries to undergo a cyber security review, a move that would significantly tighten oversight over its internet giants. Companies holding data on more than 1 million users must now apply for cyber security approval when seeking listings in other nations because of the risk that such data and personal information could be “affected, controlled, and maliciously exploited by foreign governments,” the Cyberspace Administration of ...

by Tyler Durden Saturday, Jul 10, 2021 - 08:00 PM China's unprecedented crackdown on its burgeoning (for now) tech industry just won't stop and overnight, China's Cyberspace Administration of China - the same entity responsible for the crackdown on Didi - proposed new rules that would require nearly all companies seeking to list in foreign countries to undergo a cybersecurity review, a move that would significantly tighten oversight over its internet giants. tech platform companies that possess the personal data of at least 1 million users will have to apply for approval from the Cybersecurit...

Chinese medical services provider LinkDoc looks to raise $210m in Nasdaq IPO Photo: Vault Dragon website Premium Beijing-based medical services provider LinkDoc Technology is planning to raise up to $210 million in its planned Nasdaq IPO, as the US toughens auditing standards for foreign firms listed in the country. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in your inbox everyday REGIS...

China’s Long Hill Capital closes third USD fund at over $300m April 6, 2021 Healthcare-focused Chinese venture capital firm Long Hill Capital on Tuesday announced that it has secured over $300 million for its third USD-denominated fund. The vehicle will primarily make early-stage investments in healthcare and longevity companies, along with select growth-stage bets. The fundraising takes the Chinese VC’s total committed capital to about 6 billion yuan ($800 million), it said in a statement. Long Hill Capital had closed its second USD fund at $265 million in 2018. The latest fund, which is...