YITU: AI firm Yitu said to mull Hong Kong IPO after Shanghai plan halt The Edge Markets

- A + A (Aug 19): Chinese artificial intelligence company Yitu Technology is considering an initial public offering in Hong Kong after a tightening regulatory scrutiny stalled an earlier attempt to list in Shanghai, people familiar with the matter said. The AI firm could seek a valuation of about US$4 billion in the Hong Kong share sale, according to the people, asking not to be named discussing private matters....