Xiaohongshu's IPO Plans: Rumors of State-Owned Enterprise Investment False, but Valuation Could Reach $20 USD Billion
Xiaohongshu's IPO Plans: Rumors of State-Owned Enterprise Investment False, but Valuation Could Reach $20 USD BillionRecent reports have fueled speculation surrounding Xiaohongshu's Initial Public Offering (IPO). Foreign media outlets reported that to facilitate a smooth listing, Xiaohongshu might bring in state-owned enterprise (SOE) investors, with investors reportedly in talks to sell shares at a valuation of at least $20 billion USD...
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Hisense at 55: From State-Owned Factory to Global Leading Brand, Embodying the Pride of Chinese Manufacturing
Hisense at 55: From State-Owned Factory to Global Leading Brand, Embodying the Pride of Chinese ManufacturingIn the autumn of 1969, in a simple borrowed factory and office, the "Qingdao Radio Factory No. 2" was officially established, marking the humble beginnings of Hisense...
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