Tech pivot: Chinese AI, chip start-ups court global investors with Hong Kong listing plans

Chinese AI and chip start-ups, including GigaDevice, MiniMax, and Zhipu AI, are planning Hong Kong listings to attract global investors. GigaDevice is close to its IPO after passing a listing hearing. These companies aim to raise significant funds for R&D and global expansion, following successful onshore debuts by Moore Threads and MetaX. The move is seen as a strategy to broaden investor bases and capitalize on Hong Kong's tech valuation.