Yin Qi, co-founder and chief executive of Beijing-based artificial intelligence company Megvii. Photo: Simon Song

US-blacklisted Chinese AI firm Megvii cleared for US$500 million Hong Kong IPO

  • Beijing-based Megvii is expected to file its updated listing information soon with the Hong Kong stock exchange
  • The company raised US$750 million in May last year, which put its valuation at more than US$4 billion
Topic |   IPO
Yin Qi, co-founder and chief executive of Beijing-based artificial intelligence company Megvii. Photo: Simon Song
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