China Digest: ChinData secures $540m, Boqii raises $70m in separate IPOs

China Digest: ChinData secures $540m, Boqii raises $70m in separate IPOs

REUTERS/Brendan McDermid

Despite rising geopolitical tensions between Beijing and Washington, two Chinese firms – Boqii and ChinData Group – have successfully launched their IPOs in the US market, raising $70 million and $540 million, respectively.

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