# Chinese AI chip startup Biren Technology aims to launch a Hong Kong initial public offering.

*semiconductor · news · 2025-12-16 · Reuters*

## Key points

- Biren Technology plans a Hong Kong IPO as early as this month, debuting in January.
- The IPO could raise $300 million and involve issuing up to 372.5 million shares.
- Biren's shareholders will convert 873.3 million onshore shares into Hong Kong-listed stock.
- Biren was valued at $2 billion before raising 1.5 billion yuan in early 2025 funding.
- Lead banks on the deal are Bank of China International, CICC, and Ping An Securities.

**Companies:** Biren Technology
**Countries:** China, Russia

[Read the full story on Reuters](https://www.reuters.com/world/china/china-ai-chip-firm-biren-launch-hong-kong-ipo-coming-weeks-sources-say-2025-12-16/)

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