Chinese artificial intelligence companies flock to Hong Kong for IPOs: Montage Technology and GIGADEVICE plan to list as early as the beginning of the year
According to informed sources, taking advantage of the recent strong momentum in new stock issuances in the A-share market, at least six AI-related Chinese companies are set to go public in Hong Kong in the coming weeks. These include Montage Technology and GIGADEVICE, both of which plan to list in Hong Kong as early as January, with a maximum fundraising scale of up to $1 billion. AI chip manufacturer Shanghai Biren Technology also plans to begin testing investor interest in a Hong Kong listing in the coming days, with an IPO fundraising target of approximately $600 million. (Bloomberg)
Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments