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Beijing Fourth Paradigm to price Hong Kong IPO at low end of range -source

September 21, 2023
Source: reuters.com reuters.com
News Snapshot:
Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing Rights SYDNEY, Sept 21 (Reuters) - Chinese artificial intelligence startup Beijing Fourth Paradigm is set to price its shares at HK$55.6 each, the low end of the price range, to raise HK$1.023 billion ($131 million), a source with direct knowledge of the matter said. The source spoke on condition of anonymity as the information is not yet public. Fourth Paradigm, which declined to comment, was added to the...
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