AI Unicorn Megvii to Resume IPO and Consider Dual Listing
Rumor has it that the China's AI unicorn Megvii would seek dual lising on Hong Kong and Shanghai bourses at the end of this year. The company business focus shifted from providing facial recognition solutions to current IoT services.
At the beginning of the year, Megvii suspended its Hong Kong IPO plan, leaving the public a loss-making prospectus file to have a close look into an AI concept firm's business.
This text is a result of machine translation.
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