Chinese AI, chip firms are driving an onshore IPO rebound

HONG KONG/SINGAPORE, June 26 (Reuters) - China's onshore technology IPOs are on track for their strongest year since 2023 as Beijing seeks to bolster listings of chip and artificial intelligence companies in a push for tech self-reliance amid the country's rivalry with the ‌U.S.

Why are Hong Kong-listed companies seeking mainland listings?

How much funding are Chinese tech companies raising?

What's driving China's tech IPO surge in 2025?

What role does US-China tech rivalry play here?

Technology companies have raised a total of $3.1 billion from stock market listings in China this year to June 18, more than five times the ‌volume in the year-earlier period, according to LSEG data.

Nearly 50 companies, including robotics startups and semiconductor firms, have applied for initial public offerings in Shanghai and Shenzhen, with fundraising plans totalling at least 126.1 ​billion yuan ($18.7 billion), according to Reuters calculations based on filings.

One of the listing hopefuls, memory-chip maker ChangXin Memory Technologies (CXMT), is planning to launch a 29.5 billion yuan Shanghai IPO, which would be the largest this year and boost total listing value to a three-year high, L

Fuente original: Yahoo Finance (https://finance.yahoo.com/technology/ai/articles/chinese-ai-chip-firms-driving-083238650.html)