Zhipu AI raised $4 billion in a Hong Kong placement, but the new shares represent only a 4.2% increase in total capital and most remain locked up, limiting the impact on free float. The Beijing-based …
Nexchip Semiconductor Corporation began trading on the Hong Kong Stock Exchange on July 10 after raising approximately $890 million in a share sale, with proceeds earmarked for R&D and a new $5.1 bill…
Chinese generative AI startup MiniMax Group plans to raise up to $2 billion through new share issuances and convertible bond sales, just months after its Hong Kong IPO raised $619 million. The capital…
Zhipu, the Beijing-based AI company behind the GLM large language models, raised $4 billion in a Hong Kong share placement on July 8, 2026, at a 13% discount to its previous close, just six months aft…
Zhipu AI, a Beijing-based developer of large language models, priced its share placement at HK$1,588 per share to raise approximately $4 billion, testing investor appetite for Chinese AI stocks after …
Shanghai Iluvatar CoreX Semiconductor is planning a share sale in Hong Kong that could raise at least $800 million, just months after its IPO, as demand for domestic AI chips surges amid US export con…
Kuaishou's AI video division Kling raised $2 billion from investors including CPE, Tencent, and Citic Securities, valuing the unit at $18 billion. The funding round supports Kling's planned spinoff an…
Tencent is joining a reported $3 billion funding round for Kuaishou's AI video generation platform Kling AI, which is expected to be valued at $18 billion. Kuaishou plans to spin off Kling AI and laun…
China's Kling AI, a spin-off from Kuaishou Technology, is nearing a US$3 billion fundraising round at an US$18 billion valuation, with Tencent among the investors. The company plans to start its Hong …
Tencent is aggressively buying back its own shares on the Hong Kong Stock Exchange after its market capitalization lost $309 billion, driven by investor concerns over AI spending. The company repurcha…
Baidu is preparing to take its AI chip subsidiary Kunlunxin public on the Hong Kong Stock Exchange, targeting a $50 billion valuation. The spin-off aims to highlight Kunlunxin's standalone value amid …
Baidu is spinning off its AI chip subsidiary Kunlunxin into a standalone public company, targeting a valuation of up to $50 billion in a Hong Kong IPO. The move capitalizes on China's push for semicon…
Lingyi iTech, a Chinese electronics supplier to Apple, Huawei, and Samsung, priced its Hong Kong secondary listing at HK$10.18 per share, raising $1.06 billion. Trading begins June 26, 2025, with proc…
Two of Apple's biggest Chinese suppliers, Luxshare Precision and Lingyi iTech, are racing to raise billions in Hong Kong to pivot from smartphone parts to AI hardware and humanoid robots. Luxshare is …
Apple supplier Luxshare Precision Industry passed a hearing for a Hong Kong listing on Tuesday, moving closer to joining other mainland Chinese tech firms on the HKEX. The Shenzhen-based company, a ke…
Chinese AI firm Zhipu (Knowledge Atlas Technology) is considering a multibillion-dollar share sale in Hong Kong after its stock surged nearly 2,000% since its January 2026 IPO. The company, which went…
Apple supplier Lingyi iTech is seeking up to HK$8.3 billion (US$1.1 billion) in a Hong Kong IPO to fund expansion into AI hardware and humanoid robotics. The Shenzhen-listed components maker plans to …
Lenovo Group plans to raise US$2 billion through a convertible-bond offering to repurchase existing debt and buy back shares, aiming to extend debt maturities and cut funding costs amid robust AI infr…
CSOP Asset Management launched Hong Kong's first ETF tracking Korea's Kospi 200 Index on Thursday, with trading volume exceeding 30 billion won within minutes. The ETF offers Hong Kong investors diver…
China announced support for IPOs by AI startups and large model companies as part of its 15th Five-Year Plan, aiming to boost tech self-reliance. Firms like Zhipu AI, MiniMax, and Unitree Robotics are…