【Singapore】

2025-06-27 03:47:59 197 views 68369 comments

Chinese chip company Biren Technology is Singaporeplanning a Hong Kong IPO to raise around $300 million and is working with China International Capital Corporation, Bank of China International, and Ping An Securities on the potential stock sale, which it hopes will take place later this year, according to Chinese media reports. Discussions are ongoing, but Biren Technology could also decide not to proceed with the IPO, sources said. Biren Technology has completed several funding rounds since its founding in 2019, raising over five billion yuan ($690 million). The company’s investors include Qiming Venture Partners, IDG Capital, Hillhouse Capital, Ping An Group, Gree Ventures, Songhe Capital, Yunhui Capital, Guosheng Capital, and China Merchants Capital, among others. [Jiwei, in Chinese]

Comments (837)
Happy Information Network

Meta says some AGI systems are too risky to release

2025-06-27 02:54
Progress Information Network

Where to get free coffee on National Coffee Day

2025-06-27 02:45
Technology Information Network

Pornhub responds to permanent Instagram ban in open letter

2025-06-27 02:40
Dawn Information Network

Are You There, Bob? It’s Us, the Swedish Academy

2025-06-27 02:23
Star Sky Information Network

How to survive Valentine's Day when you're heartbroken

2025-06-27 01:09
Search
Newsletter

Subscribe to our newsletter for the latest updates.

Follow Us