Tech

Yidu Tech, which offers AI software to the health care industry, saw its shares jump 148% in its Hong Kong debut on Friday after raising ~$531M in its IPO (Chloe Lo/Bloomberg)

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Chloe Lo / Bloomberg:

Yidu Tech, which offers AI software to the health care industry, saw its shares jump 148% in its Hong Kong debut on Friday after raising ~$531M in its IPO  —  – Health-care tech firm raised $531 million in Hong Kong IPO  — Yidu Tech’s IPO was very heavily oversubscribed by investors



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