Shanghai-based Biren plans to float about 372 million shares on the Hong Kong stock exchange Beijing has greenlit Biren Technology's initial public offering (IPO) in Hong Kong, as more Chinese ... ( read original story ...)
China AI chip firm Biren to launch Hong Kong IPO in coming weeks, sources say
Chinese AI chip startup Biren Technology aims to launch a Hong Kong initial public offering in the coming weeks, four sources with knowledge of the matter said. The IPO could raise $300 million, local ... ( read original story ...)
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push
Chinese artificial intelligence chip startup Biren Technology is preparing to launch a Hong Kong initial public offering (IPO) in the coming weeks, according to multiple sources familiar with the ... ( read original story ...)
[Opinion] Shanghai Should Seek Financial Ecosystem Restructuring Using Yuan Internationalization Opportunity
Shanghai, as an international financial center strategically positioned by China's national strategy, has entered a critical stage of development from "scale expansion" to "functional upgrading" with ... ( read original story ...)
HSBC proposes privatization of Hang Seng Bank
HSBC Holdings ( ($GB:HSBA) ) has provided an update. HSBC Holdings, along with The Hongkong and Shanghai Banking Corporation Limited and Hang Seng ... ( read original story ...)
China’s generative AI tiger MiniMax pursues Hong Kong IPO to expand global reach
Chinese artificial intelligence start-up MiniMax plans to channel funds from its proposed Hong Kong initial public offering (IPO) into research and development as it seeks to compete with global and ... ( read original story ...)
Founder of Moore Threads, China’s ‘Nvidia,’ becomes billionaire after blockbuster IPO
Zhang Jianzhong, founder of Moore Threads Technology, became worth $4.3 billion after his Chinese AI chipmaker’s shares soared 425% during its Shanghai market debut last week. ( read original story ...)