News Snapshot:
AI Firm Yitu Said to Mull Hong Kong IPO After Shanghai Plan Halt - Oops!Something went wrong.Please try again later. - Oops!Something went wrong.Please try again later. - Oops!Something went wrong.Please try again later. (Bloomberg) -- 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 $4 billion in the Hong Kong share sale, according to the people, asking not to be named discussing private matters. Yitu,...
