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Julie Zhu

UPDATE 1-Ping An's OneConnect launches up to $504 mln U.S. IPO in down round: sources

03 Dec 2019

HONG KONG, Dec 3 Ping An Insurance's OneConnect Financial Technology launched a U.S. initial public offering (IPO) of up to $504 million on Tuesday, reducing both its target offering size and valuation.

Ping An's OneConnect to launch $500 million U.S. IPO in rare down round: sources

02 Dec 2019

HONG KONG Ping An Insurance's OneConnect Financial Technology plans to launch a U.S. initial public offering (IPO) for about $500 million on Tuesday, people with knowledge of the matter said, reducing both its target offering size and valuation in a rare "down round".

Ping An's OneConnect to launch $500 million U.S. IPO in rare down round: sources

02 Dec 2019

HONG KONG, Dec 2 Ping An Insurance's OneConnect Financial Technology plans to launch a U.S. initial public offering (IPO) for about $500 million on Tuesday, people with knowledge of the matter said, reducing both its target offering size and valuation in a rare "down round".

Exclusive: Blacklisted Megvii's $500 million HK IPO hit by regulatory setback - sources

22 Nov 2019

HONG KONG Chinese AI firm Megvii Technology's plans for a $500 million (388 million pounds) listing in Hong Kong have been dealt a setback, with regulators in the city asking the company - which has been blacklisted by the U.S. government - for more information, three sources said.

EXCLUSIVE-Blacklisted Megvii's $500 mln HK IPO hit by regulatory setback - sources

22 Nov 2019

HONG KONG, Nov 22 Chinese AI firm Megvii Technology's plans for a $500 million listing in Hong Kong have been dealt a setback, with regulators in the city asking the company - which has been blacklisted by the U.S. government - for more information, three sources said.

Home Credit drops Hong Kong IPO as valuation falls short

21 Nov 2019

PRAGUE/HONG KONG Home Credit, controlled by the Czech Republic's richest businessman Petr Kellner, on Thursday dropped plans for a Hong Kong listing seen valued at around $1 billion after the consumer lender struggled to achieve its hoped-for valuation.

Alibaba raises up to $12.9 billion in landmark Hong Kong listing

20 Nov 2019

HONG KONG Chinese e-commerce giant Alibaba Group raised up to $12.9 billion (£10 billion) in a landmark listing in Hong Kong, the largest share sale in the city in nine years and a world record for a cross-border secondary share sale. | Video

RPT-UPDATE 2-Alibaba to price shares at HK$176 in $12.9 bln Hong Kong listing - sources

20 Nov 2019

HONG KONG, Nov 20 Chinese e-commerce giant Alibaba will raise up to $12.9 billion in its Hong Kong secondary listing and is set to price its shares at HK$176 each, a 2.8% discount to their New York share price, sources with direct knowledge of the matter said.

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

19 Nov 2019

HONG KONG Chinese artificial intelligence firm Megvii Technology Ltd plans to seek listing approval on Thursday for a Hong Kong IPO of at least $500 million (£386 million), people with knowledge of the matter said, despite being blacklisted by the U.S. government.

Chinese AI start-up Megvii seeks approval for Hong Kong IPO of at least $500 mln -sources

19 Nov 2019

HONG KONG, Nov 19 Chinese artificial intelligence (AI) firm Megvii Technology Ltd plans to seek listing approval on Thursday for a Hong Kong initial public offering (IPO) of at least $500 million, people with direct knowledge of the matter said.

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