A stake of that size would be worth $4.5 billion at current market prices.
IPOs & Markets
Good Doctor’s plans to list come as Hong Kong has hosted a series of 'hot' tech stocks whose first-day gains have been among the best in the world t
Yixin's debut is the latest in a string of technology share offerings in HK generating strong investor demand.
The deal, which includes shareholder loans, gives Cardinal's business in mainland China and Hong Kong an enterprise value of $1.2 billion.
New investors include U.S. hedge fund Lone Pine Capital, CITIC Capital and Scottish fund manager Baillie Gifford.
It would be the largest listing of a Chinese company in the US since Alibaba’s record $2b float in 2014.
The latest fundraising will value SenseTime at about $2 billion.
AI has grabbed the attention of businesses from healthcare to financial services looking to use algorithms to comb through large troves of data to rec
Dangdang, an Amazon Inc rival in China, is also in talks with other potential investors.
The Walden CEL Global Fund I will focus on semiconductor and electronic information firms globally,.
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