China’s new IPO rules could hinder companies from bike-rental firm Hello to Spark Education preparing for US listings

Source: Tech – South China Morning PostAlibaba Group Holding-backed bike rental company Hello, Tencent-backed Spark Education and medical data solution provider LinkDoc Technology are among more than a dozen Chinese companies that could face challenges to their listing plans in the US after Beijing announced it was tightening its rules on initial public offerings.China’s State Council said late on Tuesday it would undertake a sweeping overhaul of its regulations on how companies raise capital both domestically and overseas, which…Read More

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