Filing: Chinese AI chip startup Biren raises ~$717M in its Hong Kong IPO; institutional and retail tranches were oversubscribed ~26x and ~2,348x, respectively Himanshi Akhand / Reuters : Reuters 2026-01-01 Himanshi Akhand Biren, Chinese AI, Reuters, Himanshi Akhand Related Coverage Chinese graphics card maker Biren raises $717M in IPO SiliconANGLE MiniMax Kicks Off $540 Million Hong Kong IPO Amid AI Gold Rush Caixin Global Chinese AI firm MiniMax, others launch Hong Kong IPOs in year-end rush Reuters Chinese AI Startup MiniMax Seeks $538 Million in Hong Kong IPO The Information