Chinese cloud computing firm QingCloud eyes $168m STAR Market IPO

Chinese cloud computing firm QingCloud eyes $168m STAR Market IPO

Network servers underlying cloud computing.

Chinese enterprise-level cloud computing products and solutions developer QingCloud is targeting to raise nearly 1.19 billion yuan ($168 million) in an initial public offering (IPO) on the Nasdaq-style STAR Market, according to a prospectus filed on the Shanghai Stock Exchange (SSE) on Tuesday.