Tag: Biren
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Biren IC Enables Major Leap: Chinese Graphics Card Maker Raises $717M in Hong Kong IPO
Overview: Biren’s Hong Kong IPO Milestone Shanghai Biren Intelligent Technology Co. Ltd., a rising Chinese graphics card supplier better known as Biren, has successfully completed its initial public offering in Hong Kong, raising approximately $717 million. The issue priced at multiple shares and attracted strong demand from investors, underscoring confidence in China’s evolving GPU and…
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Biren IPO: Shanghai Biren Intelligent Technology Raises $717 Million in Hong Kong Listing
Biren IPO Signals a Growing Push in China’s AI Hardware Market Shanghai Biren Intelligent Technology Co., a homegrown graphics card maker, has made a bold entry into the public markets, raising about $717 million in its initial public offering in Hong Kong. The company sold 284.8 million shares, marking a notable milestone for a Chinese…
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Biren’s HK IPO Sets Stage for Chinese Graphics Card Growth
Overview of Biren’s IPO Milestone Shanghai Biren Intelligent Technology Co., a notable Chinese graphics card maker, has completed a landmark initial public offering in Hong Kong, raising approximately $717 million. The public listing involved the sale of 284.8 million shares, with strong demand from investors that reflected confidence in China’s burgeoning AI and high-performance computing…