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Shein targets $27B valuation for Hong Kong IPO, reflecting 70% decline from 2022 peak
Al Jazeera AR·CN · HK·3 days ago
Two Hangzhou-based robotics startups, founded by former Alibaba executives, have announced plans for Hong Kong IPOs in 2026. This move reflects a broader trend of Chinese embodied AI firms seeking capital to accelerate industrial scaling, reinforcing Hong Kong's position as a primary fundraising venue for the sector.
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