{"id":1003013,"date":"2026-04-15T10:55:39","date_gmt":"2026-04-15T05:25:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1003013"},"modified":"2026-04-15T11:23:13","modified_gmt":"2026-04-15T05:53:13","slug":"chinese-ai-startup-stepfun-to-unwind-offshore-structure-to-pave-way-for-ipo","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/15\/chinese-ai-startup-stepfun-to-unwind-offshore-structure-to-pave-way-for-ipo\/","title":{"rendered":"Chinese AI startup StepFun to unwind offshore structure to pave way for IPO"},"content":{"rendered":"<p>Chinese AI agent StepFun is unwinding its offshore incorporation structure to pave the way for a planned Hong Kong initial public offering, three sources said, as Beijing tightens scrutiny of a system widely used for overseas fundraising. <\/p>\n<p>China&#8217;s securities regulator said last month it had instructed some so-called &#8220;red-chip&#8221; companies that are registered abroad, mainly in tax havens, but hold assets and businesses in China via equity ownership, to unwind the structure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese AI agent StepFun is unwinding its offshore incorporation structure to pave the way for a planned Hong Kong initial public offering, three sources said, as Beijing tightens scrutiny of a system widely used for overseas fundraising. China&#8217;s securities regulator said last month it had instructed some so-called &#8220;red-chip&#8221; companies that are registered abroad, mainly in tax havens, but hold assets and businesses in China via equity ownership, to unwind the structure.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1003013","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1003013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1003013"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1003013\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1003013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1003013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1003013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}