HK IPO - Asia Tech Wire

HK IPO

2021.12.13

06:01

Chinese AI startup SenseTime postpones $767 mln Hong Kong IPO after U.S. ban

Asian Tech Press (Dec 13) -- Chinese AI startup SenseTime Group made an announcement on the Hong Kong Stock Exchange in which the board of directors announced that the global offering and listing will be delayed and that the company expects to publish a supplemental prospectus, an amendment to the supplemental prospectus and a supplemental prospectus that will contain an updated listing timetable, the relevant application procedures for the Hong Kong Offer Shares and other relevant information. SenseTime said it remains committed to completing the global offering and listing as soon as possible.

2021.12.06

07:54

Chinese AI startup SenseTime seeks to raise $767 million in its Hong Kong IPO

Asian Tech Press (Dec 06) -- Chinese artificial intelligence startup SenseTime Group is seeking to raise up to $767 million in its Hong Kong initial public offering, Reuters reported.

2021.10.11

09:13

Chinese lifestyle platform RED responds to HK IPO rumors: no definite IPO plan yet

Asian Tech Press (OCT 11) -- Earlier, it was reported that Xiaohongshu, also named RED, will conduct an IPO in Hong Kong with a size of at least $500 million and consider applying as soon as this year.

2021.07.30

05:31

NetEase Cloud Music passes $1bn HK IPO listing hearing

According to media reports, NetEase's music app NetEase Cloud Music has passed the hearing of the Hong Kong Stock Exchange and will soon launch an IPO to raise about $1 billion. In response, NetEase Cloud Music said, "no comment."

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