Biren Technology Hong Kong IPO: Shares Double on 2026 Debut
Chinese AI chipmaker Biren Technology saw its stock more than double on its Hong Kong IPO debut on January 2, 2026, raising over $700 million.
Investors are betting big on China's AI chip dreams. Biren Technology, often touted as a leading rival to Nvidia, saw its shares more than double during its trading debut in Hong Kong on January 2, 2026. The blockbuster IPO raised over $700 million, signaling a massive appetite for domestic hardware amid ongoing tech tensions.
Biren Technology Hong Kong IPO Fuels Market Frenzy
The surge isn't an isolated incident. Biren joins a league of Chinese chipmakers that've recently set the Hong Kong Stock Exchange on fire. According to reports from Nikkei Asia, Moore Threads saw its stock jump over 5-fold during its own debut, while MetaX also enjoyed a significant rally. These performances suggest that the "Great Firewall" of capital is firmly backing local champions capable of powering China's AI ambitions.
The Investor's Dilemma: Growth vs. Geopolitics
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