TechSouth China Morning Post
As 1 mainland Chinese chip IPO soars, another stumbles in busy Hong Kong week
Read the full story at South China Morning Post
Two mainland Chinese chip suppliers made sharply divergent trading debuts in Hong Kong on Tuesday after raising a combined HK$2.2 billion (US$280 million), underscoring investors’ selective appetite for semiconductor stocks despite a pickup in new listings.
Suzhou Denglin Technology, the week’s largest listing, fell by as much as 8.6 per cent in morning trade after raising HK$1.4 billion in its initial public offering (IPO).
The graphics processing unit maker priced its shares at HK$231 – the...
More tech
- How China gets the Nvidia chips it needs to develop AIThe Hindu
- Australia tightens AI oversight rules after OpenAI government breachAl Jazeera
- Author Jojo Moyes among UK travellers at risk of EU ban amid digital border system glitchesThe Guardian
- Australia to introduce mandatory reporting after OpenAI hack to combat artificial intelligence ‘going rogue’The Guardian
- Australia to introduce mandatory AI safeguardsDW
- Why is Vietnam’s To Lam in Japan? AI, chips and nuclear powerSouth China Morning Post