China AI supply chain IPOs hold firm despite valuation pullback, Citi says
As anxiety over valuations rises, Chinese AI supply chain firms are set to remain resilient in the marketplace. Ongoing listings in Hong Kong are supported by high domestic and global demand, with capital influx from mainland China being vital. In the upcoming year, attention will pivot to AI model developers that exhibit robust profitability. Remarkably, there has been a notable surge in public offerings within equity capital markets this year.
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