👩🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔♂️ A friendly human may check it before it goes live. More news here
🧔♂️ A friendly human may check it before it goes live. More news here
Chinese data center firm Zdata eyes Hong Kong IPO
Chinese data firm Zdata Technologies Co. is considering an IPO in Hong Kong.
If the IPO proceeds, Zdata could achieve a valuation of over US$5 billion.
The company’s clients include major firms like JD.com Inc., ByteDance Ltd., and Tencent Holdings Ltd.
This move comes at a time of tentative recovery in Hong Kong’s listings market, supported by Chinese government efforts to boost the economy.
