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China tech

Chinese gay dating app Blued seeks $50m IPO in US

Plan for Nasdaq listing comes despite rising scrutiny of China issues

BlueCity Holdings says its app has more than 6 million monthly users: The company is bucking a trend among Chinese companies, which are nervous about U.S. listings. (Photo by Yuki Kohara)

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.

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