Chinese chip designer Montage lines up Alibaba and JPMorgan for $10 billion Hong Kong IPO

Chinese chipmaker Montage is planning a $10 billion IPO in Hong Kong, and Alibaba, along with JPMorgan Asset Management, is putting in money early. They’re joining as cornerstone investors, which means they’re buying in before the shares go public and have to keep their stock for a fixed period, according to a report from Bloomberg. […] source: https://www.cryptopolitan.com/montage-lines-up-alibaba-jpmorgan-for-ipo/