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<IPO>Minieye Tech, with BABA CEO as Pre-list Investor, Applies for US$150M HK IPO: Wire
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China-based smart driving and smart cabin solutions provider, Minieye Technology, lodged for listing on the Stock Exchange of Hong Kong, with CITIC Securities and CICC as joint sponsors. According to people with the knowledge of the matter cited by Reuters' IFR, Minieye plans to raise about US$150 million through its IPO in Hong Kong. Preliminary prospectus information disclosed that Minieye mainly provides customers with a full stack of self-developed customized L0 to L2++ intelligent driving solutions. It is currently advancing the development of L4 automatic driving technology. Pre-listing investors include CICC (03908.HK), intelligent travel technology enterprise NAVINFO (002405.SZ), and BABA-SW (09988.HK) CEO Eddie Wu. AAStocks Financial News |
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