Hong Kong chip frenzy enters AI lane with Iluvatar IPO
The maker of general purpose GPUs used in AI computing has made its first public filing and passed its listing hearing for a Hong Kong IPO that could raise around…
BRIEF: SenseTime to raise $405 million via share placement at 8.6% discount
AI company SenseTime Group Inc. (0020.HK) said on Thursday it will raise HK$3.15 billion ($405 million) by placing around 1.75 billion new Class B shares at HK$1.80 per share, representing…
BRIEF: 51World launches $94 million Hong Kong IPO
Digital twin technology company Beijing 51World Digital Twin Technology Co. Ltd. (6651.HK) launched its Hong Kong IPO on Thursday, aiming to sell 24 million shares for HK$30.50 apiece to raise…
Foreign firms face China’s cutthroat competition, while AI threatens knowledge platform Zhihu
A new survey is showing foreign investors in China are most concerned about cutthroat competition from Chinese rivals rather than the traditional concerns over market access. What's behind this changing mindset? And Q&A knowledge-sharing site Zhihu is facing an existential challenge from AI. How can the company compete in the face of such a big threat?
BRIEF: Biren Technology gets CSRC nod for Hong Kong IPO
AI chipmaker Shanghai Biren Intelligent Technology Co. has been approved by China’s securities regulator to list in Hong Kong, according to the approval notice published by the China Securities Regulatory…
BRIEF: Nuobikan seeks up to $51.4 million in Hong Kong IPO
AI technology company Nuobikan Artificial Intelligence Technology (Chengdu) Co. Ltd. (2635.HK) launched its Hong Kong IPO on Monday, aiming to sell 3.8 million shares for between HK$80 and HK$106 per…
BRIEF: InSilico gets CSRC nod for Hong Kong IPO
AI drug discovery platform InSilico Medicine Cayman TopCo has been approved by China’s securities watchdog for a Hong Kong IPO, clearing a key hurdle in its stalled listing. According to…
