UPDATE 1-Citi, Credit Suisse drop China's Ucommune U.S. IPO over valuation -sources
December 12, 2019 at 18:30 PM EST
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.