{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/665dda1b3ce6480013459039/6a271d4da917ce4c70178182?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Will Hong Kong's AI IPOs Reopen China Capital Paths?","description":"<p>The Wall Street Journal reported that Chinese AI start-up StepFun is set to file for a Hong Kong IPO. Hong Kong Exchanges and Clearing’s Chapter 18C, introduced in 2023, allows specialist technology companies to list with criteria tied to market capitalization, revenue for commercial applicants, and sustained R&amp;D investment. SenseTime’s 2021 Hong Kong listing, which raised about $740 million, showed the exchange can list sensitive technologies under robust disclosure standards. China’s Cyberspace Administration issued generative AI rules in 2023 that require lawful training data, model safety, and security assessments for public-facing services. U.S. export controls have restricted access in China to Nvidia’s advanced accelerators, pushing AI firms to optimize compute strategies. Investors will assess compliance, customer concentration, recurring revenue, and compute funding plans if StepFun proceeds with a filing.</p><p>Learn more on this news by visiting us at: https://greyjournal.net/news/</p><p><br></p><p><br></p>","author_name":"GREY Journal"}