EDM 1 – Issue 465

Looking good: facial recognition leader Megvii heads for Hong Kong IPO to fund global growth

Also: Yum China goes from hot wings to hot stews with new purchase; Gree’s Dong Mingzhu widens her wager with Xiaomi’s Lei Jun; and how Pan Jianwei became China’s top quantum scientist

Plus: Tesla’s new tax cut triggers calls for refunds; the Chinese R&D centre that turned out to be a Swiss hotel; and Alibaba’s Joe Tsai takes control of the Brooklyn Nets