Beijing Fourth Paradigm to price Hong Kong IPO at low end of 範囲 -source
By Scott Murdoch
SYDNEY, Sept 21 (Reuters) - Chinese 人工的な 知能 startup Beijing Fourth Paradigm is 始める，決める to price its 株 at HK$55.6 each, the low end of the price 範囲, to raise HK$1.023 billion ($131 million), a source with direct knowledge of the 事柄 said.
The source spoke on 条件 of anonymity as the （警察などへの）密告，告訴（状） is not yet public.
Fourth Paradigm, which 拒絶する／低下するd to comment, was 追加するd to the U.S. "（独立の）存在 名簿（に載せる）／表（にあげる）" this year, which means U.S. 供給者s are 閉めだした from shipping U.S. 科学（工学）技術 to it unless they can procure a hard-to-得る licence from the 商務省.
Fourth Paradigm is selling 18.4 million 株 in the IPO and had flagged a price 範囲 to 投資家s of HK$55.60 to HK$61.16 each, によれば its regulatory filings.
It is the second IPO this week to price at the 底（に届く） end of the 範囲 with Tuhu Car raising $145 million with the final price at the low point.
Three cornerstone 投資家s, 長，率いるd by New 中国 資本／首都 管理／経営, subscribed for about $96.8 million 価値（がある） of Fourth Paradigm 在庫／株, which equates to 70.6% of the IPO, the filings showed.
設立するd in September 2014, Fourth Paradigm's 製品s have been used in 財政／金融, 小売, 製造業の, healthcare, energy and 力／強力にする, 遠隔通信s, healthcare and other 部門s, によれば its website.
Fourth Paradigm counts Goldman Sachs, Sinovation, Haitong International 投資 and a number of 明言する／公表する-支援するd 基金s as pre-IPO 投資家s, によれば filings. (報告（する）／憶測ing by Scott Murdoch in Sydney; Editing by Himani Sarkar and Alexander Smith)
