Chinese AI firm 4Paradigm renews IPO files, seeks Hong Kong listing ‘TechNode’ News Summary (China) BEAMSTART


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Quick Summary: Chinese AI firm 4Paradigm renewed its IPO files on Monday as it seeks to go public on the Hong Kong stock exchange. The firm first filed for a listing in Hong Kong in August 2021, aiming to raise RMB 3.79 billion ($550 million). According to its official website, the firm completed its Series D in January 2021, raising $700 million.