Moonshot AI, the Beijing-based developer of the Kimi series of AI models, is targeting an IPO filing in Hong Kong in the second half of 2026 after its valuation surged from $4 billion to between $20 b…
Zhipu, the Tsinghua University spinout behind the GLM AI models, has seen its stock surge nearly 1,500 percent since its January IPO at HK$116.20, reaching a peak market cap above $100 billion, despit…
Zhongji Innolight, a Shenzhen-listed optical module maker supplying AI data center components for Nvidia's ecosystem, has secured approval for a secondary listing on the Hong Kong Stock Exchange that …
Beijing-based startup Moonshot AI released Kimi K3, a 2.8-trillion-parameter open-weight model with a 1-million-token context window, claiming it matches or surpasses top-tier models from OpenAI and A…
Eoptolink Technology, a Chinese maker of optical parts for AI data centers, has filed for a Hong Kong listing that could raise up to $5bn, according to Bloomberg. The company, already listed in Shenzh…
Eoptolink Technology Inc., a Chinese optical transceiver maker supplying Google, Microsoft, and Amazon, has filed for a secondary listing on the Hong Kong Stock Exchange targeting up to $5 billion, wi…
Bora Pharmaceuticals and Insilico Medicine announced a strategic alliance valued at more than $2.5 billion if fully implemented, combining Insilico's Pharma.AI platform for drug discovery with Bora's …
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…