China's Megvii seeks approval for Hong Kong IPO despite U.S. blacklist: sources

China's Megvii seeks approval for Hong Kong IPO despite U.S. blacklist: sources

4 years ago
Anonymous $xdcOWPpsb_

https://www.reuters.com/article/us-megvii-ipo/chinas-megvii-seeks-approval-for-hong-kong-ipo-despite-u-s-blacklist-sources-idUSKBN1XT1GJ

Chinese artificial intelligence firm Megvii Technology Ltd plans to seek listing approval on Thursday for a Hong Kong IPO of at least $500 million, people with knowledge of the matter said, despite being blacklisted by the U.S. government.