Saturday, May 28, 2022

A growing number of Chinese tech startups are going public in China at valuations lower than their private rounds; China's STAR Market has fallen ~30% this year (Reuters)

Reuters:
A growing number of Chinese tech startups are going public in China at valuations lower than their private rounds; China's STAR Market has fallen ~30% this year  —  A growing number of Chinese tech start-ups, once the darlings of equity markets, are willing to list shares publicly in China …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...