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<IPO>BIREN TECH Said to Set Price at Upper Limit, Fully Exercise 15% Offer Size Adjustment Option
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BIREN TECH (06082.HK), an AI chip firm also known as one of the four major Chinese GPU makers, is scheduled to list in Hong Kong this Friday (January 2), potentially becoming the city's first GPU stock. The company is planning to set the offer price at HKD19.6, the upper limit of the IPO price range of HKD17-19.6 per share, according to sources quoted by IFR. In addition, it intends to fully exercise the 15% offer size adjustment option, a move that is expected to increase the total capital raised to around HKD5.6 billion. AAStocks Financial News |
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