한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

Since the beginning of this year, Chinese companies have been enthusiastic about listing in overseas capital markets, setting off a wave of overseas listings. However, behind this positive trend, we have also noticed that some companies have terminated their filings or even withdrawn their IPO applications.According to public data, a total of 9 companies have terminated their filings. In addition, the registration documents of some Chinese companies planning to go public in the United States have expired, and 6 companies have withdrawn their IPO applications.So did these companies terminate their filings voluntarily or were they forced to do so? And why did they withdraw their IPO applications? In this article, Huayixin Capital will take you to explore why these companies made such a choice? And what preparations should companies planning to go public and companies in the filing process make?

I. List of overseas listed companies whose filings have been terminated

Currently, a total of 9 companies have terminated their filings, including JD Industrial Development, Cainiao, Hanlong Group, One Health, UBO Holdings, and Taifeng Culture, which are planning to be listed on the Hong Kong Stock Exchange; and Global Business Domain Technology, Global Home, and Chengchuang Internet, which are planning to be listed on Nasdaq.

Data source: Livereport