China's Ligent seeks about $723 million in Hong Kong IPO
Reuters, citing a stock-exchange prospectus, says Ligent Technologies aims to use the funds for product development and expanded production.
TLDR
China's Ligent Technologies is seeking about HK$5.67 billion ($723 million) in a Hong Kong initial public offering, Reuters reports. Reuters says the company is targeting AI-related expansion and cites a prospectus describing plans to fund product development and expand production.
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