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Chinese AI start-up Megvii files for Hong Kong IPO of at least $500 mln

hlforex by hlforex
August 26, 2019
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Chinese AI start-up Megvii files for Hong Kong IPO of at least $500 mln

Chinese artificial
intelligence provider Megvii Technology Ltd, backed by Alibaba
, has filed for an IPO of at least $500 million in Hong
Kong, two people said, coming at a time of political unrest in
the city and potential first recession in a decade.

Posted by Reuters

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