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In Taxing Times, Baiwang Pins Hopes On Hong Kong IPO
Thursday, July 20, 2023 - 10:28am | 1266Key Takeaways: Baiwang, which has just applied to list in Hong Kong, lost nearly 1 billion yuan over the last three years and is grappling with negative cash flows from operating and investing activities The company has been branching out into loan facilitation in recent years but profits are...