Chinese AI start-up Megvii files for Hong Kong IPO of at least $500 mln
August 25, 2019 at 23:03 PM EDT
Chinese artificial intelligence provider Megvii Technology Ltd, backed by Alibaba , has filed for an IPO of at least $500 million in Hong Kong, two people said, coming at a time of political unrest in the city and potential first recession in a decade.
