Chinese AI firms and chipmakers flock to Hong Kong for fundraising, testing global investor interest after successful onshore debuts. GigaDevice Semiconductor advances IPO plans. Leading AI and semiconductor companies like MiniMax and Zhipu AI aim for Hong Kong listings. Moore Threads and MetaX Integrated Circuits set the stage for tech market expansion in Hong Kong.

Moore Threads and MetaX Integrated Circuits gain traction with stellar Shanghai debuts, prompting other tech companies to eye Hong Kong listings. GigaDevice and Montage target US$1 billion each. Biren Technology seeks US$600 million. OmniVision and Iluvatar CoreX plan to use proceeds for R&D, talent recruitment, and global expansion.

Montage plans to issue 130.2 million shares in Hong Kong. Biren aims to upgrade computing platforms. Iluvatar CoreX focuses on GPU R&D and commercialization. MiniMax, Zhipu AI, and Montage pass Hong Kong listing hearings. Hong Kong seen as a gateway for tech firms to access global capital markets.

Tech companies leveraging Hong Kong for broader investor base and R&D funding. IPOs mark a shift towards higher tech valuations in Hong Kong. Hong Kong’s specialist tech channel allows confidential listing applications for tech start-ups. Success of Moore Threads and MetaX sparks interest in Hong Kong tech listings.

Potential sector rotation towards tech from traditional industries in Hong Kong. Enriching tech investment universe in Hong Kong could attract more capital. Increased interest in tech IPOs signals a positive long-term outlook for tech sector in Hong Kong. Moore Threads and MetaX pave the way for tech companies eyeing Hong Kong listings.

Read more at Yahoo Finance: Chinese AI, chip start-ups court global investors with Hong Kong listing plans