Posted 9/18/2023, 1:11:00 AM
Chinese AI and Tech Firms Seek Big Fundraises in Hong Kong IPOs Despite US Restrictions
- Chinese AI firm Fourth Paradigm seeking to raise $144M in Hong Kong IPO
- Three cornerstone investors have committed $96.8M for Fourth Paradigm IPO
- Fourth Paradigm added to US Entity List, barring US suppliers from providing tech
- Chinese cloud hospital platform Neusoft Xikang aiming to raise $81M-$101M in IPO
- Chinese mobile games operator ZX Inc seeking to raise $27M-$34M in Hong Kong IPO