Megvii Files For An IPO In Shanghai, Which May Raise At Least $922M; Megvii’s HK IPO Application Had Lapsed After It Was Blacklisted By The Trump Administration (Bloomberg)

922m megvii hk ipo trump

Megvii documents in preparation for an IPO in Shanghai that is expected to bring in at least $922 million Megvii’s HK IPO application was rejected due to its being blacklisted by the Trump administration. (see below). CDRs will be listed on the Shanghai Stock Exchange by a Chinese AI firm — The offering could raise as much as 6 billion yuan to fund R&D and capital

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About the Author: uzair

Uzair is a features writer at He is a graduate of Emerson College and recently completed the MFA in writing.

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