Filing: Chinese smart-driving company Horizon Robotics is targeting to raise ~$700M in its Hong Kong IPO; Alibaba and Baidu are among its cornerstone investors (P.R. Venkat/Wall Street Journal)

P.R. Venkat / Wall Street Journal:
Filing: Chinese smart-driving company Horizon Robotics is targeting to raise ~$700M in its Hong Kong IPO; Alibaba and Baidu are among its cornerstone investors  —  Alibaba, Baidu, and state-owned Beijing Financial Holdings are among the cornerstone investors who have agreed to take over 30% of Horizon Robotics' shares ahead of the IPO

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