Jul 03, 2023 06:22 PM

BUSINESS

Chinese Lidar Developer RoboSense Sets Hong Kong IPO in Motion

By Kelsey Cheng

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What’s new: RoboSense Technology Co. Ltd., a developer of lidar sensors used in self-driving cars, has filed for an initial public offering (IPO) in Hong Kong.

JP Morgan and China Renaissance will co-sponsor the listing, according to the document released by the Hong Kong Stock Exchange Friday. Details including the size and date of the share sale were not revealed.

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