Chinese tech groups just keep buying stakes in each other.
Cheetah Mobile, the Chinese security software company, said it has attracted investment for its upcoming New York IPO from Chinese search engine group Baidu.
According to a Hong Kong exchange filing by Cheetah's owner Kingsoft, Baidu will buy shares worth up to $20m in the US spinout of the Hong Kong based company.
您已閱讀22%(373字),剩余78%(1326字)包含更多重要信息,訂閱以繼續(xù)探索完整內(nèi)容,并享受更多專屬服務。