Horizon Robotics, a Chinese provider of software and hardware used in autonomous driving systems, is aiming to raise as much as HK$5.4 billion ($696 million) in its Hong Kong initial public offering,

Hong Kong’s IPO market is experiencing a surge in activity, driven by Beijing’s stimulus measures and improved investor sentiment.

Alibaba and Baidu invest in Chinese smart driving tech company's IPO to raise $700 million on Hong Kong Stock Exchange. Top banks advising, 30% shares bought before IPO.Alibaba & Baidu invest in Chinese smart driving tech co.

ALIBABA Group Holding and Baidu are among the cornerstone investors in the Hong Kong initial public offering of Horizon Robotics, a Chinese provider of software and hardware used in autonomous driving systems,

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Chinese firm Horizon Robotics is aiming to raise up to $696 million in a Hong Kong initial public offering (IPO) as the city's listings market shows signs of renewed activity after a year-long slump.

Horizon Robotics, a prominent player in the realm of autonomous driving technology, has announced its intention to secure up to $696 million through an initial public offering (IPO) in Hong Kong. This move comes as the city’s capital markets begin to exhibit signs of revitalization following a prolonged period of inactivity lasting nearly two

Alibaba (BABA) and Baidu (BIDU) have emerged as cornerstone investors in Hong Kong's upcoming IPO Horizon Robotics. Read more on the announcement here.