{"id":52790,"date":"2023-11-09T23:17:49","date_gmt":"2023-11-09T23:17:49","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/11\/09\/geelys-zeekr-gears-up-for-us-ipo-but-china-influence-remains-a-concern-techcrunch\/"},"modified":"2023-11-09T23:17:49","modified_gmt":"2023-11-09T23:17:49","slug":"geelys-zeekr-gears-up-for-us-ipo-but-china-influence-remains-a-concern-techcrunch","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/11\/09\/geelys-zeekr-gears-up-for-us-ipo-but-china-influence-remains-a-concern-techcrunch\/","title":{"rendered":"Geely’s Zeekr gears up for US IPO, but China influence remains a concern | TechCrunch"},"content":{"rendered":"


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Zeekr, the luxury<\/span> electric vehicle brand under China\u2019s Geely, is gearing up to list its shares publicly in the U.S., according to a regulatory filing<\/a> submitted Thursday. The filing shows widening losses between the first halves of 2023 and 2022, and describes the risk of Beijing influencing Zeekr\u2019s business decisions.<\/p>\n

The move comes almost a year after Zeekr announced it had confidentially filed<\/a> for a U.S. initial public offering. If Zeekr\u2019s IPO goes through, it\u2019ll be the first major Chinese listing in the country in nearly two years, following China\u2019s effective ban of foreign IPOs<\/a>. In August 2022, Washington and Beijing struck a deal<\/a> that lowers the likelihood of delisting for more than 200 Chinese firms listed on New York exchanges by allowing U.S. officials to review audit documents of Chinese businesses that trade in the U.S.<\/p>\n

Still, one of Zeekr\u2019s main risk factors is China\u2019s influence.<\/p>\n<\/p><\/div>\n


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Zeekr, the luxury electric vehicle brand under China\u2019s Geely, is gearing up to list its shares publicly in the U.S., according to a regulatory filing submitted Thursday. The filing shows widening losses between the first halves of 2023 and 2022, and describes the risk of Beijing influencing Zeekr\u2019s business decisions. The move comes almost a […]<\/p>\n","protected":false},"author":1,"featured_media":52791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-52790","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/52790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=52790"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/52790\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/52791"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=52790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=52790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=52790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}