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China Tech Digest: PlusAI Plans To List On New York Stock Exchange; Alipay Added Digital RMB Service


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PlusAI plans to list on New York Stock Exchange
Chinese self-driving trucking system developer PlusAI announced that it has signed a merger agreement with the special purpose acquisition company (SPAC) Hennessy Capital Investment Corp. V. After the merger is completed, PlusAI will list on the New York Stock Exchangeuse with the stock code PLAV in the third quarter of this year. According to the terms of the transaction, after the merger, PlusAI will have a market value of approximately US$3.3 billion and will raise approximately US$500 million in new financing.
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