Megvii's booth is seen at an expo in Shanghai, Oct 23, 2019. (Photo: megvii.com)

The Chinese AI startup Megvii is "actively considering" a listing on China's sci-tech innovation board, and the news "suspending the listing in Hong Kong" is not true, replied from Megvii to chinadaily.com.cn on Wednesday.

China's sci-tech innovation board, known the STAR market, supports and encourages companies with key and core technologies to go public, serving as a sound opportunity for the development of Chinese technology companies, Megvii said.