Fourth Paradigm officially landed on the Hong Kong Stock Exchange
2023-09-28

Beijing Fourth Paradigm Technology Co., Ltd. (" Fourth Paradigm ") was officially listed on the Main Board of the Hong Kong Stock Exchange on September 28, 2023 under the stock code "6682". This means that the fourth Paradigm has become the first AI unicorn company to land on the Hong Kong Stock Exchange in the past two years, and it is also the first hard technology company to complete the IPO of Hong Kong stocks in the past year.

 

Fourth Paradigm focuses on providing platform-centric artificial intelligence software, is committed to solving the efficiency, cost and value problems faced by enterprises in intelligent transformation, and has been landed in finance, retail, manufacturing, energy and power, telecommunications, transportation, technology, education, media, healthcare and other scenarios.

 

CICC acted as the sole sponsor of the listing.

Davis Polk & Wardwell is the company's Hong Kong and US legal counsel and JunHe LLP is the company's China legal counsel; O’Melveny & Myers is the Hong Kong and US legal counsel for the underwriters while Commerce & Finance Law Offices is the China legal counsel.

PwC provides audit services.

China Insights Industry Consultancy as an industry consultant.