LianLian DigiTech IPO: Seeking US$78 Million in Hong Kong Market
Wednesday, 20 March 2024, 02:31
LianLian DigiTech Files Hong Kong IPO
LianLian DigiTech has filed for an IPO in Hong Kong, aiming to raise US$78 million, which is significantly lower than the US$500 million target set a year ago.
Investor Sentiment Dampened
Market conditions have led to a decline in investor sentiment, impacting LianLian DigiTech's fundraising goals.
The company's decision to adjust its target reflects the challenging environment in the financial markets.
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