|
|
|
13.02.26 - 01:06
|
Will Chinese AI chip designer Enflame′s Shanghai IPO be another blockbuster? (SCMP)
|
|
|
Artificial intelligence chip designer Enflame Technology on Wednesday entered the inquiry stage of its initial public offering, moving a step closer to joining a string of high-profile semiconductor sector listings on the Shanghai Stock Exchange's technology-focused Star Market.
The listing of the Shanghai-based unicorn is the next closely watched chip offering, as investor appetite for domestic AI chipmakers remains strong.
In this explainer, the South China Morning Post examines the next steps......
|
|
|
|
|
29.01.26 - 05:06
|
3 mainland Chinese firms add to Hong Kong′s IPO boom with US$2 billion in fundraising (SCMP)
|
|
|
Hong Kong's new share market continues to sizzle, with three companies seeking to raise a combined US$2 billion on Thursday, led by Chinese pig-breeding giant Muyuan Foods, which launched the city's largest flotation of the year.
The world's largest hog firm planned to raise HK$10.7 billion (US$1.4 billion) by selling about 274 million new shares at up to HK$39 each, according to its prospectus, hot on the heels of another billion-dollar deal from Chinese drinks giant Eastroc Beverage.
At the......
|
|
|
|
|
26.01.26 - 06:54
|
Chinese drinks maker Eastroc′s US$1.3 billion Hong Kong IPO gives it wings to soar (SCMP)
|
|
|
Chinese energy-drinks maker Eastroc Beverage has kicked off a Hong Kong initial public offering (IPO) to raise up to HK$10.1 billion (US$1.3 billion), making it the city's largest listing this year that has already seen a dozen companies raise more than US$4.5 billion.
The Shanghai-listed firm was offering 40.9 million shares at a maximum price of HK$248 each, according to its prospectus filed to the Hong Kong stock exchange on Monday. At this price, the firm would be valued at around US$21......
|
|
|
24.01.26 - 04:06
|
Alibaba, Baidu′s IPO plans for AI chip design units heighten China′s self-reliance drive (SCMP)
|
|
|
The plans of Alibaba Group Holding and Baidu to list their semiconductor design units could intensify competition with other domestic artificial intelligence chip developers to unseat Nvidia as the country's top supplier of high-performance AI processors, according to analysts.
The two Chinese internet peers' initiatives reflected the strong investor appetite for AI chip firms and growing demand for alternative computing resources in the domestic AI sector, as Beijing pushed for greater......
|
|
|
23.01.26 - 08:36
|
China′s rocket start-ups push the envelope as IPOs gather pace (SCMP)
|
|
|
China is moving forward with the initial public offering (IPO) plans of four private rocket makers this month, as Beijing pushes to build up its commercial space industry amid intensifying competition with Elon Musk's SpaceX.
The Shanghai Stock Exchange has issued questions on LandSpace Technology's IPO application, according to an update late on Thursday, advancing the company's plan to raise 7.5 billion yuan (US$1 billion) on the tech-focused Star market.
IPO preparations also advanced at......
|
|
|
23.01.26 - 05:36
|
China′s Fosun Pharma eyes spin-off listing of vaccine unit in hot Hong Kong IPO market (SCMP)
|
|
|
The board of Shanghai Fosun Pharmaceutical approved the spin-off and Hong Kong listing of its vaccine unit, aiming to bolster the business as biotechnology shares continue to outperform in the city's stock market.
The board cleared the proposed spin-off of Fosun Adgenvax (Chengdu) Biopharmaceutical for a Hong Kong initial public offering (IPO) on Thursday, according to a late filing by Fosun Pharma, whose shares are listed in Shanghai and Hong Kong. The filing did not disclose the planned IPO......
|
|
|
21.01.26 - 09:01
|
HKEX CEO Bonnie Chan on the IPO Market, China′s Investability (Bloomberg)
|
|
|
The Hong Kong Stock Exchange CEO speaks to Bloomberg's Haslinda Amin on the sidelines of the 2026 World Economic Forum in Davos. Bonnie Chan says 2026 has started strong with solid IPO momentum. She says investor diversification is benefiting Hong Kong and sentiment toward China has shifted to a more positive place. (Source: Bloomberg)...
|
|
|
20.01.26 - 05:00
|
China′s Busy Ming to test investor appetite for consumer plays with Hong Kong IPO (SCMP)
|
|
|
Busy Ming Group, China's largest snack and drink retailer, is seeking to raise up to HK$3.34 billion (US$428 million) in a Hong Kong initial public offering (IPO), testing investors' appetite for consumer-oriented stocks.
The firm, which focuses on a value model, planned to sell 14.1 million shares at HK$229.60 to HK$236.60, according to its prospectus filed with the Hong Kong stock exchange on Tuesday. The stock is expected to begin trading on January 28.
Busy Ming owns two brands – Busy for......
|
|
|
|
|
13.01.26 - 12:18
|
Chinese chain Qdama, known for its night discounts, plans Hong Kong IPO (SCMP)
|
|
|
The company behind Qdama, a mainland Chinese meat and fresh produce chain known for its hefty discounts that rise by the hour every evening until the products are completely sold out, is planning to go public in Hong Kong.
Qdama International, set up in 2014, has grown to become the mainland's largest meat and fresh produce company with sales of 14.8 billion yuan (US$2.1 billion) in 2024, according to its prospectus filed to the Hong Kong stock exchange, which cited data from mainland research......
|
|
|
|
|
11.01.26 - 22:36
|
How Hong Kong′s AI IPO surge supports China′s economic strategy (SCMP)
|
|
|
Hong Kong has started 2026 with a wave of IPOs driven by artificial intelligence (AI), led by the recent listing of Chinese chipmaker Biren Technology. Beyond the revival of market activity, the surge points to a clearer strategic direction.
China is increasingly using Hong Kong as an offshore capital platform for funding priority technologies – at a time when geopolitics is reshaping where innovation can be financed and how international capital can be accessed. This repositioning aligns......
|
|
|
|
|
|
|
09.01.26 - 10:00
|
MiniMax and Zhipu′s stellar Hong Kong IPOs supercharge China′s AI ambitions (SCMP)
|
|
|
The red-hot Hong Kong initial public offerings (IPOs) of Zhipu AI and MiniMax Group, two of China's hopefuls to take on US giants like OpenAI and Anthropic, have given a boost to Beijing's ambitions in the artificial intelligence sector, according to executives and industry watchers.
While Zhipu's valuation of about US$9 billion and MiniMax's market cap of US$14 billion remain tiny compared with the US giants – OpenAI is worth about US$500 billion and Anthropic's valuation is estimated at about......
|
|
|
09.01.26 - 03:00
|
Chinese AI start-up MiniMax shines on Hong Kong IPO debut (SCMP)
|
|
|
Shares of Chinese artificial intelligence start-up MiniMax surged on their Hong Kong debut on Friday, reflecting investor confidence after securing substantial support from global institutional backers.
The company's shares first changed hands at HK$235.40, up 42.7 per cent from the initial public offering (IPO) price of HK$165, valuing it at HK$72.8 billion (US$9.3 billion). MiniMax raised HK$4.8 billion after pricing the shares at the top of the marketed range and exercising an upsized option......
|
|
|
|
|
05.01.26 - 14:00
|
Baidu and Huawei tighten grip on China′s GPU cloud as chipmakers chase IPOs (SCMP)
|
|
|
Baidu and Huawei Technologies collectively accounted for more than 70 per cent of China's market for cloud services built on home-grown graphics processing units (GPUs) in the first half of 2025, as home-grown artificial intelligence chips gain traction amid rising demand for computing power and a wave of public listing plans.
The figures, published in a Frost & Sullivan report released on Sunday, defined “GPU cloud” providers as companies that controlled the full chip-to-cloud value chain –......
|
|