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Market Chatter: Alibaba-Backed Vast Weighs Hong Kong IPO

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Alibaba-backed (HKG:9988) 3D modeling startup Vast is exploring a Hong Kong initial public offering, Bloomberg News reported Tuesday, citing people familiar with the matter.

The company is working with Bank of America and China International Capital Corp. on the potential listing, although discussions remain ongoing and no final decision has been made, the report said.

Alibaba did not immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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