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Chinese graphics card maker Biren raises $717M in IPO Chinese graphics card supplier Shanghai Biren Intelligent Technology Co has raised the equivalent of $717 million in its initial public offering The listing, which took place today in Hong Kong
China AI chip firm Biren raises $717 million in Hong Kong IPO Chinese AI chip startup Shanghai Biren Technology has raised HK$5 58 billion ($716 85 million) in its Hong Kong initial public offering, according to an exchange filing on Wednesday The semiconductor designer set the offer price at HK$19 60 apiece, the top end of the marketed range It offered 284 8 million shares in the IPO
China’s Biren Technology Secures Landmark Hong Kong IPO Boosting AI . . . Hong Kong - China’s fast-growing artificial intelligence semiconductor sector reached a significant milestone as Shanghai-based Biren Technology successfully completed a major initial public offering in Hong Kong, reinforcing investor confidence in the city’s capital markets and the future of domestic chip innovation Biren raised approximately $717 million through the sale of shares
Filing: Chinese AI chip startup Biren raises ~$717M in its Hong Kong . . . Filing: Chinese AI chip startup Biren raises ~$717M in its Hong Kong IPO; institutional and retail tranches were oversubscribed ~26x and ~2,348x, respectively — Chinese AI chip startup Shanghai Biren Technology (6082 HK) has raised HK$5 58 billion ($716 85 million) in its Hong Kong initial public offering …
Shanghai Biren Technology Raises $716. 85 Million in Hong Kong IPO Shanghai Biren Technology, a Chinese AI chip startup, has achieved a significant milestone by raising HK$5 58 billion ($716 85 million) through its Hong Kong initial public offering The company set the offer price at HK$19 60 per share, reaching the upper limit of the expected range With an offering of 284 8 million shares, the IPO witnessed immense investor interest Institutional demand
Biren’s Hong Kong IPO Signals China’s Long Game in AI Chips Biren Technology, one of China’s most prominent AI chip startups, is preparing to launch a Hong Kong IPO in the coming weeks While the listing itself may not dominate headlines globally,