KM Financial Solutions | UPDATE 1-Citi, Credit Suisse drop China’s Ucommune U.S. IPO over valuation -sources
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UPDATE 1-Citi, Credit Suisse drop China’s Ucommune U.S. IPO over valuation -sources

UPDATE 1-Citi, Credit Suisse drop China’s Ucommune U.S. IPO over valuation -sources

Citigroup Inc and
Credit Suisse Group AG have dropped out of the U.S.
initial public offering of Chinese shared workspace provider
Ucommune, baulking at its desired valuation, two people with
direct knowledge of the matter said.

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