China AI chip firm Biren raises $717 million in Hong Kong IPO
Published on: Dec. 31, 2025, 9:49 p.m. | Source: The Economic Times
Biren Technology has raised HK$5.58 billion ($716.85 million) in its Hong Kong initial public offering, according to an exchange filing on Wednesday. The semiconductor designer set the offer price at HK$19.60 apiece, the top end of the marketed range. It offered 284.8 million shares in the IPO.
