---
title: "\"BIREN TECH\" starts its IPO today with an entry fee of nearly HKD 3,960, expected to be Hong Kong's first GPU stock"
description: "BIREN TECH starts its IPO today, planning to globally issue 248 million H shares, with an offering price ranging from HKD 17 to HKD 19.6 per share, expecting to raise up to approximately HKD 4.855 bil"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/270423450.md"
published_at: "2025-12-22T00:38:07.000Z"
---

# "BIREN TECH" starts its IPO today with an entry fee of nearly HKD 3,960, expected to be Hong Kong's first GPU stock

> BIREN TECH starts its IPO today, planning to globally issue 248 million H shares, with an offering price ranging from HKD 17 to HKD 19.6 per share, expecting to raise up to approximately HKD 4.855 billion. The subscription period will end next Monday (29th), with the listing expected on January 2nd next year. The net proceeds from the fundraising are approximately HKD 4.351 billion, of which 85% will be used for research and development of intelligent computing solutions. BIREN TECH is expected to become the first GPU stock in Hong Kong, attracting 23 cornerstone investors

Among the "Four Little Dragons of Domestic GPUs," Moore Threads (688795.SH) and Muxi Co., Ltd. (688802.SH) have previously listed on the Shanghai Stock Exchange's STAR Market. One of the "Four Little Dragons of Domestic GPUs," AI chip company BIREN TECH (06082.HK), has announced its IPO details in Hong Kong, planning to globally issue 248 million H shares, with 5% or 12.3848 million shares allocated for public offering in Hong Kong and 95% or over 235 million shares for international placement. The offering price ranges from HKD 17 to HKD 19.6, with expected fundraising of up to approximately HKD 4.855 billion. The minimum trading unit is 200 shares, with an entry fee of about HKD 3,959.54.

The subscription period starts today (22nd) and ends next Monday (29th), with the official listing expected on January 2nd next year. China International Capital Corporation, Ping An Securities (Hong Kong), and Bank of China International are acting as joint sponsors. Based on the median offering price of HKD 18.3, the net proceeds from the fundraising are expected to be approximately HKD 4.351 billion, of which about 85% will be used for R&D of intelligent computing solutions, about 5% for the commercialization of intelligent computing solutions, and the remaining 10% for working capital and other general corporate purposes.

BIREN TECH is expected to become the first GPU stock in Hong Kong. In this listing, the company has introduced 23 cornerstone investors, including 3W Fund, Qiming Venture Partners, AMF, WT Asset Management, Hao Great China Focus Fund, Ping An Life Insurance under Ping An (02318.HK), Huadeng Technology, Lion Global, CICC FT, MY Asian, Prudential (02378.HK) under Eastspring, UBS AM Singapore, Taikang Life, Aspirational China Growth, Charoen Pokphand, Digital China (000034.SZ), Guotai Junan Hong Kong, Southern Fund, Wells Fargo Fund, Yidu (00259.HK), EIP, Tessy Holding Limited, and New Opportunities SPC, collectively subscribing for nearly USD 3 billion worth of shares, which, based on the median offering price, involves over 158 million shares, accounting for approximately 63.96% of the shares offered

### Related Stocks

- [06082.HK - BIREN TECH](https://longbridge.com/en/quote/06082.HK.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.