Chinese lidar maker Hesai Technology raises $190m in US listing: report
This is the largest IPO by a Chinese firm since ride-hailing giant Didi’s $4.4b listing in June 2021.
Source: dealstreetasia.com
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This is the largest IPO by a Chinese firm since ride-hailing giant Didi’s $4.4b listing in June 2021.
The firm offered 3.3 million ADSs at $12.50 apiece.
A mere 15 offerings are filed thus far, far fewer than in previous years.
Investment banking majors Citigroup and China’s CICC and CLSA are sponsoring a new IPO by QuantaSing to raise up to $44 million.
QuantaSing is a leading online education service provider in China’s adult learning market.