New stock news | It is rumored that 3D modeling startup Vast is considering going public in Hong Kong, with a valuation of $1 billion.

According to reports from media sources citing informed individuals, Alibaba (09988.HK) and other investors are considering an initial public offering (IPO) for the Chinese 3D modeling startup Vast in Hong Kong. It is reported that Vast is collaborating with Bank of America and China International Capital Corporation on potential stock issuance matters, and discussions are still ongoing with no final decision yet made.