Kuwa Technology plans to go public in Hong Kong, with a valuation of over 3 billion US dollars

According to the Wall Street Journal, KuwaTech, which has received investment from SoftBank Group, is preparing to go public in Hong Kong and plans to submit an initial public offering application within the next two to three months. KuwaTech has raised over $600 million in the latest round of financing, with a valuation of over $3 billion, or HKD 23.4 billion.