Baidu chip IPO taps into extreme AI frenzy
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…
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…
China's securities regulator is pushing artificial intelligence companies to list on domestic and Hong Kong exchanges, reshaping capital-raising for the tech sector. Over 85% of Chinese AI-related IPO…
Chinese metal producer MMG plans to raise US$1.6 billion through a share placement and convertible bonds to fund expansion, capitalizing on rising demand for critical metals driven by AI infrastructur…
Shanghai-based AI firm MiniMax has teased its next-generation M3 model, claiming a 15.6x faster decoding speed and 9.7x faster prefill speed over its M2 model when processing 1M-token contexts, driven…