HONG KONG -- The operator of China's largest gay dating app, Blued, is planning an initial public offering in the U.S. despite Washington's growing suspicion of Chinese companies listed on U.S. stock exchanges.
Beijing-based BlueCity Holdings, which has more than 6 million monthly users on its social networking platform, aims to raise at least $50 million on the Nasdaq exchange, according to a prospectus filed with the U.S. Securities and Exchange Commission on Tuesday.
