BIREN TECH (06082.HK) Launches IPO Today with Entry Cost Around $3,960, Anticipated to Be Hong Kong's First GPU Stock
IPO Announcement: BIREN TECH is set to launch its IPO in Hong Kong, offering 248 million H shares, with 5% allocated for public offering and 95% for international placement, aiming to raise approximately $4.855 billion.
Pricing and Timeline: The share price is expected to range from $17 to $19.6, with the IPO period starting on December 22 and ending on December 29, 2025, and the official listing scheduled for January 2, 2026.
Cornerstone Investors: The IPO has attracted 23 cornerstone investors, including notable firms like Ping An Life Insurance and UBS AM Singapore, collectively subscribing for shares worth nearly $3 billion.
Market Impact: BIREN TECH is anticipated to become Hong Kong's first GPU stock, reflecting growing interest in AI chip companies following recent listings on the Shanghai Stock Exchange's STAR market.
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BIREN TECH (06082.HK) Launches IPO Today with Entry Cost Around $3,960, Anticipated to Be Hong Kong's First GPU Stock
IPO Announcement: BIREN TECH is set to launch its IPO in Hong Kong, offering 248 million H shares, with 5% allocated for public offering and 95% for international placement, aiming to raise approximately $4.855 billion.
Pricing and Timeline: The share price is expected to range from $17 to $19.6, with the IPO period starting on December 22 and ending on December 29, 2025, and the official listing scheduled for January 2, 2026.
Cornerstone Investors: The IPO has attracted 23 cornerstone investors, including notable firms like Ping An Life Insurance and UBS AM Singapore, collectively subscribing for shares worth nearly $3 billion.
Market Impact: BIREN TECH is anticipated to become Hong Kong's first GPU stock, reflecting growing interest in AI chip companies following recent listings on the Shanghai Stock Exchange's STAR market.
BIREN TECH (06082.HK) Launches IPO Today with Entry Cost Around $3,960, Anticipated to Be Hong Kong's First GPU Stock
IPO Announcement: BIREN TECH is set to launch its IPO in Hong Kong, offering 248 million H shares, with 5% allocated for public offering and 95% for international placement, aiming to raise approximately $4.855 billion.
Pricing and Timeline: The share price is expected to range from $17 to $19.6, with the IPO period starting on December 22 and ending on December 29, 2025, and the official listing scheduled for January 2, 2026.
Cornerstone Investors: The IPO has attracted 23 cornerstone investors, including notable firms like Ping An Life Insurance and UBS AM Singapore, collectively subscribing for shares worth nearly $3 billion.
Market Impact: BIREN TECH is anticipated to become Hong Kong's first GPU stock, reflecting growing interest in AI chip companies following recent listings on the Shanghai Stock Exchange's STAR market.
