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

Published 3 hours ago
Source: scmp.com
Tech pivot: Chinese AI, chip start-ups court global investors with Hong Kong listing plans
More Chinese artificial intelligence firms and chipmakers are turning to Hong Kong for fundraising, testing the appetite of global investors following stellar onshore debuts of graphics processing unit (GPU) developers Moore Threads Technology and MetaX Integrated Circuits. GigaDevice Semiconductor is a step closer to its Hong Kong initial public offering (IPO) after passing a listing hearing, according to bourse operator Hong Kong Exchanges and Clearing (HKEX). The company is expected to...