JD Technology withdraws IPO application in Shanghai amid China’s fintech rule changes

Source: South China Morning PostFintech company JD Technology, a unit of e-commerce giant JD.com, has withdrawn its application for an initial public offering (IPO) in China’s Nasdaq-style Star Market amid sweeping regulatory changes in its industry.The company, previously known as JD Digits and JD Finance, pulled its public listing application on March 30, according to a statement posted on the Shanghai Stock Exchange website on Friday.The IPO withdrawal came a day before JD.com completed a reorganisation that transferred…Read More

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

Generated by Feedzy