News Snapshot:
Tax Services’ lumbering IPO looks like what US investors want from China now Markets By Sydney Barrett Last updated May 10, 2022 Share The central theses: Lichen China has filed for an IPO to raise approximately $25 million, positioning itself as a potential consolidator in China’s vast but highly fragmented tax services market The company notes that it should be able to avoid many of the recent controversies now haunting US-listed Chinese stocks By Doug Young When controversy on multiple fronts is keeping Chinese firms out of new listings in New York, the latest suitor, a company, has called Lichen...
