# Shanghai-listed Montage has offered 65.9 million H shares at a maximum price of HK$106.89.

*semiconductor · news · 2026-01-29 · Reuters*

## Key points

- Two Chinese chip designers launched Hong Kong IPOs seeking a combined HK$10 billion funding.
- Montage is offering 65.9 million H shares with trading to start on February 9.
- Seventeen cornerstone investors, including JPMorgan and UBS, committed $450 million to Montage's IPO.
- Axera, founded in 2019, develops AI SoCs for on-device computing in cameras and vehicles.

**Companies:** JPMorgan Asset Management Holdings, UBS Asset Management, Montage, Axera
**Countries:** China, Hong Kong, United States

[Read the full story on Reuters](https://www.reuters.com/world/asia-pacific/chinas-montage-technology-seeks-up-902-million-hong-kong-listing-2026-01-29/)

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