![]() ![]() They include Alibaba-backed LinkDoc and SoftBank- and Tencent-backed fitness app Keep. ![]() LinkDoc had planned to raise up to $210MM on the Nasdaq, but it closed its book on Wednesday despite reportedly strong demand. However, Nikkei reported that "market volatility, regulatory uncertainty and fear of angering Chinese regulators have prompted the company to cancel the offering, one of the people said. The company had been expected to price the deal today, which means it would have likely started trading some time next week. On Wednesday, LinkDoc updated its prospectus to cite new risks from Beijing, in what was perhaps a hint that the deal would soon be pulled. According to anonymously-sourced whispers, LinkDoc, a provider of cancer-focused health care services using big data and artificial intelligence, had planned to sell 10.8MM shares priced between $17.50 and $19.50 each. ![]() Including the $4.4 billion raised by Didi, a total of 36 Chinese companies have sold shares in New York this year, raising a total of $12.6 billion, according to Dealogic. #SOURCES CHINABASED KEEP LINKDOC US IPOTIMES FULL#. ![]()
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