Chinese podcast group fails to launch $100mn IPO in blow to Hong Kong
喜马拉雅暂缓赴港上市
Chinese podcasting platform Ximalaya has suspended plans for a Hong Kong listing after its attempt to raise up to $100mn was rebuffed by investors, who remain wary after Beijing launched a crackdown on foreign listings by homegrown groups over data security concerns.
中国播客平台喜马拉雅(Ximalaya)暂停了赴香港上市的计划。此前，该公司尝试融资至多1亿美元，但投资者反响不佳。在北京方面出于数据安全顾虑对本土企业的海外上市进行整顿后，投资者眼下仍保持警惕。
Despite aiming for a sharply downsized fundraising target of between $50mn and $100mn, the Spotify-like platform — which is backed by Chinese tech groups Tencent, Xiaomi and Baidu, as well as Sony Music Entertainment — was undersubscribed, prompting it to hold off on proceeding with its initial public offering according to bankers and early stage investors.
银行家和早期投资者表示，尽管喜马拉雅将融资目标大幅缩减至5000万到1亿美元，但仍未获得足额认购，促使其暂缓首次公开发行(IPO)。这个类似Spotify的平台得到了中国科技集团腾讯(Tencent)、小米(Xiaomi)和百度(Baidu)以及索尼音乐娱乐(Sony Music Entertainment)的投资。
