Hong Kong, Jimmy Lai and China
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BEIJING/HONG KONG, Dec 16 (Reuters) - Chinese AI chip startup Biren Technology aims to launch a Hong Kong initial public offering in the coming weeks, four sources with knowledge of the matter said. The IPO could raise $300 million,
Senior party members previously alleged they had been told to disband or face severe consequences, including possible arrest.
Caution prevails as investors weigh China’s growth prospects after key economic data showed a deceleration across the board.
The son of a convicted Hong Kong media tycoon has called on the British government to “put action behind words” and make his father’s release a precondition for closer relations between the UK and China.
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