Chinese AI firm Fourth Paradigm leads Hong Kong IPO surge to raise $280 million

Fourth Paradigm (also known as 4Paradigm) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights SYDNEY, Sept 18 (Reuters) - Three Chinese firms, led by AI software company Beijing Fourth Paradigm, are aiming to raise up to $280 million in Hong Kong initial public offerings launched on Monday. Chinese AI firm Fourth Paradigm leads Hong Kong IPO surge to raise $280 million comes via ChinaTechNews.com.