{
Horizon Robotics Inc.

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horizon robotics raises 696 million in successful hong kong ipo
Horizon Robotics Inc. is set to debut in Hong Kong following a successful $696 million IPO, marking a resurgence in initial public offerings in the region. The Chinese company, specializing in autonomous driving systems, priced its shares at the top of the range amid strong demand from investors, including Baillie Gifford & Co. and Norway’s sovereign wealth fund. In pre-market trading, the stock surged by as much as 31%.
Bloomberg.com
Chinese Yuan Horizon Robotics Inc. NOR HKG CHN Show more
Finance & Economy, Market Report
02:59 24.10.2024
china software tycoon approaches billion dollar fortune after ipo success
Kai Yu, a former computer science Ph.D. student at the University of Munich, is set to join the ranks of the world's wealthiest following the successful IPO of his company, Horizon Robotics Inc., in Hong Kong. The offering raised HK$5.4 billion ($695 million), boosting his fortune to approximately $890 million, according to the Bloomberg Billionaires Index.
bloomberg.com
Hong Kong Dollar Horizon Robotics Inc. HKG DEU Kai Yu Volker Tresp
Technology & Innovation, Market Report
00:59 24.10.2024
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