Tech

Megvii files for an IPO in Shanghai, which may raise at least $922M; Megvii's HK IPO application had lapsed after it was blacklisted by the Trump administration (Bloomberg)



Bloomberg:

Megvii files for an IPO in Shanghai, which may raise at least $922M; Megvii’s HK IPO application had lapsed after it was blacklisted by the Trump administration  —  – Chinese AI firm will list CDRs on the Shanghai Star board  — Offering may raise at least 6 billion yuan for R&D, capital




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