Chinese dating that is gay Blued seeks $50m IPO in United States
Arrange for Nasdaq listing comes despite increasing scrutiny of China dilemmas
HONG KONG -- The operator of Asia's biggest gay app that is dating Blued, is preparing a preliminary general public providing into the U.S. despite Washington's increasing suspicion of Chinese organizations noted on U.S. stock exchanges.
Beijing-based BlueCity Holdings, which has significantly more than 6 million month-to-month users on its networking that is social platform is designed to raise at the least $50 million from the Nasdaq change, in accordance with a prospectus filed using the U.S.