You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
Market News

Market News

HomeMarket NewsDetails

Breaking News: AskMonkey Receives State-Owned Enterprise Support, Plans to Raise HK$347 Million in Hong Kong IPO

uSMART盈立智投 04-19 14:38

The leading AI company, AskMonkey, recently announced its launch of an initial public offering (IPO) on the Main Board of the Hong Kong Stock Exchange, aiming to raise up to HK$347 million. The IPO has attracted two major local state-owned enterprises, Beijing Zhongguancun International and Nanjing Economic and Technological Development Zone, as cornerstone investors, subscribing for approximately HK$95 million worth of shares each, showcasing their substantial support. The company aims to expand the scale of its AI flagship model "Sequence Monkey" and accelerate the market penetration of AI solutions. It is expected to officially debut on April 24th, with the market anticipating AskMonkey to become the first "AI Growth Concept" stock in the Hong Kong stock market, heralding a new chapter in AI concept stocks.

 

 

 

Disclaimers

uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.

Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.