New Stock News | Tsinghua Unigroup (000938.SZ) submits listing application to Hong Kong Stock Exchange.

According to the Zhitan Finance APP, the Hong Kong Stock Exchange disclosed on December 3 that Tsinghua Unigroup Limited (referred to as "Tsinghua Unigroup") (000938.SZ) has submitted an application to the main board of the Hong Kong Stock Exchange, with CITIC Securities International, BNP Paribas and CMB International as its joint sponsors. The prospectus disclosed that Tsinghua Unigroup is a leading global provider of digital solutions, including ICT infrastructure products, software and cloud services, mainly used for artificial intelligence training and inference, as well as big data processing. During the reporting period, over 90% of the company's revenue came from mainland China, while less than 10% came from overseas. According to Frost & Sullivan data, based on revenue, by 2024, the company will be the third largest supplier in the Chinese digital infrastructure market, with a market share of 8.6%.