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Kai-Fu Lee's 01.ai is preparing for a Hong Kong IPO in 2027, shifting focus from AI model development to enterprise data infrastructure. The company is raising a pre-IPO round and restructuring its offshore holdings ahead of the public offering.
Apple supplier Luxshare Precision Industry saw its Hong Kong stock debut slide by as much as 9.6% below the offer price, signaling investor caution amid global tech sector headwinds.
Chinese AI startup MiniMax is exploring a second public offering on Shanghai's STAR Market after a 400% stock surge in Hong Kong. The move highlights the growing demand for AI technologies in China.
CATL, the world’s largest EV battery maker, is raising $5 billion in Hong Kong, amid recent shareholder activity and market volatility. The move highlights growing investor interest in the EV battery sector.