Wednesday, October 9, 2024

CamScanner app maker Intsig is the best-performing China IPO stock in 2024 for $100M+ listings, after a euphoric market response to Beijing's stimulus measures (Bloomberg)

Bloomberg:
CamScanner app maker Intsig is the best-performing China IPO stock in 2024 for $100M+ listings, after a euphoric market response to Beijing's stimulus measures  —  - Intsig Chairman Zhen Lixin's net worth hits $876 million  — Shanghai-listed firm has surged since Sept. 26 debut



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The NYT sends a cease-and-desist letter to AI startup Perplexity to stop using its content; Perplexity says it is "interested in working with every" publisher (Alexandra Bruell/Wall Street Journal)

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