Press "Enter" to skip to content

Exclusive: Blacklisted Megvii’s $500 million HK IPO hit by regulatory setback – sources

Chinese AI firm Megvii Technology’s plans for a $500 million listing in Hong Kong have been dealt a setback, with regulators in the city asking the company – which has been blacklisted by the U.S. government – for more information, three sources said.

Source:: Technology News

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *