China’s premier GPU maker Biren kicks off Hong Kong IPO — GPU startups vying for Nvidia’s crown race to fund AI chip development

Share via:


Shanghai Biren Intelligent Technology Co has begun bookbuilding for a Hong Kong initial public offering aimed at raising as much as HK$4.85 billion (US$624 million), as Chinese AI chipmakers accelerate listings to fund expansion amid strong investor demand. The company plans to start trading on January 2, becoming the first new Hong Kong listing of 2026.

According to its exchange filing, Biren is offering approximately 247.7 million shares at a price range of HK$17 to HK$19.60 per share. The company…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

China’s premier GPU maker Biren kicks off Hong Kong IPO — GPU startups vying for Nvidia’s crown race to fund AI chip development


Shanghai Biren Intelligent Technology Co has begun bookbuilding for a Hong Kong initial public offering aimed at raising as much as HK$4.85 billion (US$624 million), as Chinese AI chipmakers accelerate listings to fund expansion amid strong investor demand. The company plans to start trading on January 2, becoming the first new Hong Kong listing of 2026.

According to its exchange filing, Biren is offering approximately 247.7 million shares at a price range of HK$17 to HK$19.60 per share. The company…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

You’ll Need These 2 Streaming Services to Watch the...

The holiday football action...

The best Nintendo Switch 2 accessories for 2026

The Switch 2 Pro controller is the best controller...

Popular