
Didi Removed from App Stores, User Registration Suspended
Didi Chuxing has been accused of the serious illegal collection of personal information and has been ordered to be removed from app stores and has stopped registering new users.
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Didi Chuxing has been accused of the serious illegal collection of personal information and has been ordered to be removed from app stores and has stopped registering new users.

On March 30, Fintech company JD Technology, a subsidiary of e-commerce giant JD.com, withdrew its IPO application to the Shanghai Stock Exchange.

Chinese internet conglomerate Alibaba Group announced on November 15 the launch of its long-awaited Hong Kong public offering.

Chinese AI company Mobvoi starts IPO today and is expected to go public on April 24th.

Globally prominent photovoltaic module manufacturer JinkoSolar Holding Co., Ltd. on Monday completed the IPO of its subsidiary, Jinko Solar Co., Ltd. (Jiangxi Jinko) on the Shanghai Stock Exchange.

Display panel maker HKC has recently completed pre-listing counseling. LCD panel prices have fallen to record lows, posing a profit challenge for the firm, which is the third-largest display panel maker in China.

Ant Group CEO Simon (Xiaoming) Hu on Friday evening announced that he would be stepping down from his role at the firm, after an internal email was obtained by domestic media outlet 36Kr.

Chinese audio content platform Lizhi has recently submitted its IPO prospectus to the SEC, and is seeking to raise funds in the region of $100 million.

According to Chinese media reports, internet giant Alibaba is ready to start pre-IPO roadshows in Hong Kong next week.

Chinese EV maker NETA Auto initiated preparations for its Hong Kong IPO in Q4 last year, with cornerstone investment exceeding 20 billion RMB.

Despite speculation from Chinese media outlets focusing on IPO news, Xiaohongshu has denied any immediate plans to go public.
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In 2018, a record number of Chinese companies listed on US exchanges. Investors the world over watched with intent as China’s economic transformation entered a new era. Chinese executives gleefully rang the opening bell at NYSE or NASDAQ on a seemingly constant basis.