Tag: ipo

Baidu (NASDAQ:BIDU) said its artificial-intelligence chip unit Kunlunxin has confidentially filed for a Hong Kong initial public offering, a step the company believes could better reflect the unit's ...

By Yantoultra Ngui and Donny Kwok SINGAPORE/HONG KONG, Jan 2 (Reuters) - Shares of Chinese AI chip designer Shanghai Biren Technology closed up 76% in their Hong Kong debut on Friday, the financial ...

Shares of Shanghai Biren Technology Co., an artificial intelligence chip designer, jumped 82% in their trading debut in Hong Kong on Friday after its initial public offering raised $717 million in one of the market’s hottest sectors.

Chinese AI and semiconductor stocks have rallied since the breakout of the China-made DeepSeek-R1 AI model in January 2025.

Shares in Shanghai Biren Technology - the first initial public offering of the new year on the Hong Kong stock exchange - more than doubled in an emphatic debut on Friday. Investor interest was enthusiastic with the retail portion of the float 2,

Baidu has announced plans to spin off its artificial intelligence chip subsidiary, Kunlunxin, and list the new firm on the Hong Kong Stock Exchange.

The city’s exchange secures global bragging rights after 114 companies raised US$37.22 billion on the main board in 2025, according to LSEG.

HSBC Holdings ( ($GB:HSBA) ) has provided an update. HSBC Holdings plc has published an updated list of its Board of Directors and outlined their ...

Savings rates near zero prevent further prime rate reductions, though Hibor-linked loans will get cheaper, analysts say.

Shares of Shanghai Biren Technology Co., an artificial intelligence chip designer, jumped 82% in their trading debut in Hong Kong on Friday after its initial public offering raised $717 million in one ...

HSBC, the city's biggest lender, saw double-digit growth in the number of Hong Kong-dollar multimillionaires in 2025 Hong Kong's affluent amass at least HK$10 million (US$1.28 million) in liquid ...

Hong Kong stocks ended 2025 with a second consecutive annual gain, posting their best performance since 2017 in percentage terms, thanks to a tech rally fueled by artificial intelligence.

Funds in ‘Money Safe’ accounts are only available when customers appear for face-to-face verification Hong Kong’s banks have a new weapon against scams: Accounts that require customers to visit a ...

Hong Kong's digital banking service provider, Mox Bank, has solidified its position as a fintech powerhouse in 2025, now serving 750,000 customers.