IPO
New York IPO plan tests Intelligent Group’s core competence in public relations
The provider of publicity services to mainland Chinese companies making Hong Kong IPOs is aiming to raise up to $18 million through its own New York listing Key Takeaways: Intelligent…
Medical imaging group Rimag sets growth focus with IPO
Buoyed by a healthcare boom, the provider of medical imaging services has filed to list on the Hong Kong Stock Exchange. Key Takeaways: Revenues have been rising at Rimag Group,…
Rental giant Cubic City seeks IPO boost as rivalry looms
The chain of rental apartments has filed to list in Hong Kong for a second time, looking to fund a business expansion, and is likely to rank as the sector’s…
Tech unicorn Fourth Paradigm relaunches IPO, riding AI wave
The provider of AI services for businesses is making a fourth attempt at a Hong Kong listing, propelled by the excitement about ChatGPT tools Key Takeaways: Beijing Fourth Paradigm, backed…
Consumer
Luyuan looks for IPO cash to scoot into Southeast Asia
Sales have been accelerating at the Chinese maker of electric motorcycles and mopeds, despite China’s pandemic lockdowns Key Takeaways: Luyuan Group has re-applied to list on the Hong Kong Stock…
MiniMax scores big new funds, but likely to need more in expensive AI race
The AI company is reportedly close to securing $250 million in new cash, attracting investors with its deep talent pool and growing stable of products Key Takeaways: AI company MiniMax…
EHang ready for takeoff?
The company said it has conducted more than 90% of tests needed to have its autonomous aerial vehicles certified in China, and it expects to finish remaining tests ‘in the…
EH.US
Hesai Group: No love on Wall Street for China’s rising LiDAR star
A week after announcing its latest results, the world’s largest maker of the autonomous driving technology’s shares are down nearly 60% from their February IPO price Key Takeaways: Hesai’s revenue…
HSAI.US
