Two Chinese Technology Companies Market Hong Kong Share Sales to Raise $1.5 Billion
The companies began marketing shares in Hong Kong, seeking to raise a combined US$1.5 billion amid volatile markets and concerns about AI-related valuations.
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Chinese AI Hardware Makers Seek to Raise $1.5 Billion in Hong Kong Listings Amid Volatile Markets
By P.R. VenkatTwo Chinese technology companies began marketing shares in Hong Kong to raise a combined US$1.5 billion, testing investor appetite amid volatile global markets and worries over the valuations of companies tied to artificial intelligence.Shenzhen-listed Suzhou Dongshan Precision Manufa…