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China AI Video Startup Kling Picks Banks for $1 Billion-Plus IPO

Source: Bloomberg

Artificial IntelligenceIPOs & SPACs

Kuaishou Technology’s Kling AI has selected banks for a planned Hong Kong IPO that could raise at least $1 billion, according to people familiar with the matter. The report indicates IPO preparations but gives no timing or confirmed fundraising target beyond the stated minimum.

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