Chinese Digital Audio Platform Ximalaya Applies for Listing in Hong Kong after Retracting US IPO Pandaily

Ximalaya, a Chinese audio streaming platform, has submitted an application for listing to the HKEx on Monday after dropping plans to list publicly in the United States. The firm’s co-sponsors were Goldman Sachs, Morgan Stanley and CICC.

According to the prospectus, this year, Ximalaya completed its E Round of financing worth nearly $350 million.…

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