Is this recent mass-banning due to their plan to IPO?
This is September news so I'm bit late to it but I feel like it coincides with the mass banning of foreigner is due to Rednote trying to IPO, which as a result drew attention from the government, who had a talk with them and basically told them to crack down on the 'extreme feminism' that's huge on Rednote. I think Rednote is just making a show of working on crackdowns so they can successfully IPO.
Any local Chinese care to verify if this is true or not? I got the news from bilibili, which leans anti-feminism.