Legend Capital-backed quantum computing technology developer QuantumCTek has filed to raise up to $102m in an initial public offering in Shanghai.

QuantumCTek, a China-based quantum technology developer backed by conglomerate Legend Holdings, is seeking $102m in an initial public offering on the Shanghai Stock Exchange’s Star Market, DealStreetAsia reported yesterday. The company plans to issue 20 million shares priced at up to $5.12 each, having set a $42.8m target when it first revealed plans to go…

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