reported that Beijing was pressing audio platform Ximalaya to drop U.S. In fact, three companies had pulled out recently. The company had been expected to price its IPO on Thursday night. Namely Keep (a popular fitness app in China), LinkDoc Technology (A Chinese medical data solution provider) and Ximalaya (China’s largest podcasting platform). To go one step further, Ximalaya has also stated its intention to list on Hong Kong instead. Why is the Chinese communist party doing.
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