finance.yahoo.com Market update
ShengShu Technology explores Hong Kong IPO for over $500 million
Investing.com -- ShengShu Technology, an artificial intelligence video platform backed by Alibaba Group Holding Ltd., is exploring a Hong Kong initial public offering that could raise more than $500 million, Bloomberg reported Tuesday. The company, which operates the Vidu video generator, has engaged China International Capital Corp. and Citic Securities Co. to work on the planned share sale. …