The Digital Source For China's Tech Innovation Since 2000

Search
Close

AI Firm Yitu Said to Mull Hong Kong IPO After Shanghai Plan Halt

August 20, 2021
Source: bloombergquint.com bloombergquint.com
News Snapshot:
AI Firm Yitu Said to Mull Hong Kong IPO After Shanghai Plan Halt (Bloomberg) -- Chinese artificial intelligence company Yitu Technology is considering an initial public offering in Hong Kong after a tightening regulatory scrutiny stalled an earlier attempt to list in Shanghai, people familiar with the matter said. The AI firm could seek a valuation of about $4 billion in the Hong Kong share sale, according to the people, asking not to be named discussing private matters. Yitu, whose application for a STAR board IPO was withdrawn last month when regulators failed to give their approval after a lengthy...
Go To Original Source →
Tags: AI | Alibaba | artificial intelligence | auto | Beijing | bid | Bloomberg | capital | cash | Chinese | chip | currency | Economy | finance | Hong Kong | Huawei | Internet | ipo | online shopping | Renminbi | Sanctions | Shanghai | technology | Washington | Yuan

Other Related News:

China Claims US CHIPS And Science Act Will Disrupt International Trade, Distort Global Semiconductor Supply Chains Global Online Money

August 11, 2022

A Look at the Electric Vehicle Transformation in China

August 11, 2022

Taiwan security officials want Foxconn to drop stake in Chinese chipmaker-FT

August 11, 2022

US accuses Chinese company of helping ZTE hide business with Iran

August 11, 2022

China Has Painted Itself Into a Semiconductor Corner

August 11, 2022

China Claims US CHIPS And Science Act Will Disrupt International Trade, Distort Global Semiconductor Supply Chains High Tech Info

August 11, 2022

Greater China startups record 33.5% yearly slump in deal value in Q2 as megadeals become scarce

August 11, 2022

UN trade body urges actions to curb cryptocurrencies in developing countries

August 11, 2022

?Parallel Markets?ASUS ZenFone 9 arrives in Hong Kong first, with the first asking price starting from 5,450!

August 11, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....