AI IPOs Raise HK$100 Billion in Hong Kong
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Insights by Echo AI
AI-related Initial Public Offerings (IPOs) have raised nearly HK$100 billion (approximately USD$12.8 billion) in Hong Kong between December 2021 and May 2022, according to Paul Chan, the Financial Secretary of Hong Kong's Special Administrative Region (HKSAR). This amount represents around 55% of the total IPO funds raised during the same period.
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