Hong Kong

Hong Kong-based WeLab, which runs digital banks WeLab in Hong Kong and Saqu in Indonesia, raised $220M in equity and debt from HSBC, Prudential HK, and others

Hong Kong-based fintech firm WeLab Ltd. has secured $220 million from investors including HSBC Holdings Plc and Prudential Hong Kong Ltd. in its largest round of funding.

Sources: Chinese chip designer Montage, a Shanghai-listed company valued at ~$22B, plans a Hong Kong IPO that could raise $900M+, backed by Alibaba and JPMorgan

Chinese chip designer Montage Technology Co. is set to enlist Alibaba Group Holding Ltd. and JPMorgan Asset Management among …

Chinese chipmaker GigaDevice's stock rose 54% in its Hong Kong debut after raising ~$600M in its IPO, and reported H1 2025 profit of ~$84M, up 14% from H2 2024

GigaDevice Semiconductor Inc. shares rose in its Hong Kong debut, underscoring growing investor interest in Chinese stocks related to artificial intelligence.

Sources: Shanghai-based AI startup MiniMax plans to price its Hong Kong IPO at ~$21, the top of its marketed range, and will stop taking orders a day early

Zhipu AI launches a share sale to raise ~$560M in a Hong Kong IPO at a valuation of ~$6.6B, which would make it the first LLM developer listed in Hong Kong

The company, marketed overseas as Z.ai, eyes US$6.6 billion valuation with Hong Kong's first large language model listing

AI drug discovery startup Insilico rose 45% in its Hong Kong trading debut after raising $293M in an IPO; Insilico reported $85M+ in 2024 revenue

Bloomberg :

Shenzhen-based OneRobotics opened flat in its Hong Kong debut after the Chinese home robotics maker raised $210M by selling 22M+ shares at about $9.50 each

Nikkei Asia :

Sources: Chinese AI startup MiniMax is seeking to raise $600M+ from its Hong Kong IPO, set for January 2026, and has secured Alibaba and the ADIA as backers

Bloomberg :

Chinese short-video app Kuaishou's Hong Kong stock fell as much as 6% to ~$8, the lowest since November 21, after it was hit by a cyberattack on December 22

Chinese AI chipmaker Biren Technology plans to raise up to ~$623M in a Hong Kong IPO, pricing shares at ~$2.19 to ~$2.52, and expects trading to start January 2

GPU startups vying for Nvidia's crown race to fund AI chip development