An IPO? In this economy?

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
Late last week a Chinese company called Kingsoft Cloud filed to go public in the United States. The cloud infrastructure business intends to list on the Nasdaq under the symbol “KC,” with J.P. Morgan, UBS and Credit Suisse helping out with running the deal.
KingsoftCloud has a $100 million placeholder figure in its F-1 filing, giving us an idea of its expectations fo