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Morgan Stanley, Bank of America, and China International Capital Corp Ltd (CICC) were the investment banks on the deal and all declined to comment to Reuters. LinkDoc did not immediately respond to a request for comment. The sources declined to be identified as the information has not yet been made public. The book closed one day earlier than planned on Wednesday, one of the three sources and a separate person said. It had planned to sell 10.8 million shares between $17.50 and $19.50 each. and make it more difficult to raise funds overseas," he said.īacked by Alibaba Health Information Technology Ltd, LinkDoc filed for its IPO last month and was due to price its shares after the U.S. "The new rules may impose long waiting periods on any companies hoping to list abroad which will hit investor sentiment, depress valuations for IPOs in the U.S. listing, they may have to wait for further clarification, stricter scrutiny and pre-approval from different regulators and authorities," said Bruce Pang, macro & strategy research head at China Renaissance Securities. LinkDoc's decision to suspend its $211 million IPO, first reported by Reuters, is likely to be followed by others, analysts said, although they noted that U.S.
SOURCES DIDI XIMALAYA LINKDOC IPOTIMES FULL
In the future, Ximalaya will give full play to its advantages in the audio field, continuously introduce high-quality IP and produce more excellent audio works.Beijing also said on Tuesday it would strengthen supervision of all Chinese firms listed offshore, a sweeping regulatory shift that triggered a sell-off in U.S.-listed Chinese stocks. SEE ALSO: Chinese Digital Audio Platform Ximalaya Launches Audio Drama Based on League of Legends Excellent voice actors are invited to perform, and through superb dubbing, fine production and rich sound effects, the original Harry Potter is vividly restored, bringing listeners a deep listening enjoyment. This time, Ximalaya will work with Voicegem, a top Chinese dubbing institute.
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Harry Potter series was introduced into China in 2000. Today, the Harry Potter has been translated into more than 80 languages, won numerous awards and sold more than 500 million copies worldwide.
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Harry Potter is one of the best-selling book series in history. Pottermore Publishing is a global digital publisher of Harry Potter, the Fantastic Beasts series, and other audiobooks and e-books within the fantasy genre.
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It boasts rich experience in content production and channel distribution. In 2021, monthly active users reached 268 million. Ximalaya is a popular online audio sharing platform in China. Meanwhile, the seven English audiobooks of the Harry Potter series will also go online on Ximalaya on June 21, bringing more choices for listeners. From June 21, the first book in the series – Harry Potter and the Sorcerer’s Stone – will become available on Ximalaya, and the remaining six books will follow one after another in the future. With this cooperation, Ximalaya will present the full Chinese version of the Harry Potter book series.
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Audio streaming platform Ximalaya announced a strategic partnership with Pottermore Publishing on Tuesday, which will give it the rights to Chinese audio recordings of “Harry Potter.”
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