Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Companies Chinese AI unicorn Megvii to list in Hong Kong Company says it will use IPO funds for expansion abroad and acquisitions CK TAN, Nikkei staff writer August 26, 2019 17:37 JST | China
SHANGHAI -- Beijing-based artificial intelligence startup Megvii Technology has filed for an initial public offering in Hong Kong to fund expansion plans locally and abroad.
The proposed IPO comes amid rising
tensions in the financial city as well as pushback against Chinese technology companies by countries concerned about possible cyber espionage. Take your reading anywhere with offline reading functions Never miss a story with breaking news alerts Customize your reading experience
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