Chinese podcasting system Himalaya has suspended strategies to record in Hong Kong right after its try to increase as much as $100 million was turned down by investors, who remained steadfast following Beijing cracked down on regional groups listing overseas in excess of data stability considerations. alert. The Spotify-like system, backed by Chinese tech teams Tencent, Xiaomi and Baidu, as very well as Sony Tunes Enjoyment, has been undersubscribed, prompting its hold off, in accordance to bankers and early investors, in spite of a slashed fundraising target to $50 million to $100 million. About carrying out an IPO. The Shanghai-primarily...