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Last month, Reuters reported that China was framing rules to ban internet companies whose data poses potential security risks from listing outside the country. Ximalaya, backed by China's Tencent Holdings, had filed for an IPO in April.Ĭhinese and US regulators alike have been tightening their grip on US listings of Chinese tech firms over the past few months. The Beijing-based company, which offers cancer-focused healthcare services, reported a 41 per cent jump in revenue for the three. Medical data group LinkDoc Technology Ltd in July became the first Chinese company to shelve plans for an IPO in the United States due to Beijing's clampdown on overseas listings by domestic firms. BENGALURU LinkDoc Technology, a medical data company backed by a subsidiary of Alibaba Health Information Technology Ltd, filed for an initial public offering in the United States on Monday. Medical data group LinkDoc Technology Ltd in July became the first Chinese.

The move comes after Reuters reported in May that China was pressing Ximalaya to drop its plans to list in the United States and go for Hong Kong instead, showing how authorities are seeking to further tighten their grip over private media and internet businesses, reports Reuters. The move comes after Reuters reported in May that China was pressing Ximalaya to drop its plans to list in the United States and go for Hong Kong instead, showing how authorities are seeking to further tighten their grip over private media and internet businesses. C hina's largest online audio platform Ximalaya said on Thursday it had decided not to proceed with its plans for an initial public offering (IPO) in the United States.