AI chipmaker SigmaStar Technology plans to list in Hong Kong within the year, aiming to raise up to $300 million.
Original headlineAI 芯片厂商星宸科技拟年内赴港上市,募资规模最高 3 亿美元
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AI chipmaker SigmaStar Technology is weighing a Hong Kong listing as early as 2026, aiming to raise up to $300 million, and has begun approaching potential investors with CICC and CITIC Securities International handling preparations. The Xiamen-based company is already listed on the Shenzhen Stock Exchange, where its A-shares have gained about 67% year to date. The move comes as Chinese tech firms ramp up Hong Kong fundraising, with the city's IPO proceeds reaching $52.2 billion this year, closing in on the 2010 record of $57.8 billion. The listing would give SigmaStar a second offshore capital base to fund expansion in AI chip development amid rising domestic demand. Watch for a formal filing and updated deal size as the 2026 window approaches.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
星宸科技 (SigmaStar Technology), 香港交易所, 中金公司, 中信证券国际, 深圳证券交易所