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Filing: Shanghai-based AI chipmaker Biren raises $515M in a new share sale; Biren's Hong Kong-listed stock is down 50%+ from a June peak but up


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2026-10-08 04:48:53
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Cybersecurity Business

Bloomberg:

Filing: Shanghai-based AI chipmaker Biren raises ~$515M in a new share sale; Biren's Hong Kong-listed stock is down 50%+ from a June peak but up ~70% YTD  —  Shanghai Biren Technology Co. aims to raise HK$4.04 billion ($515 million) in another share sale to help bankroll …



Bloomberg:

Filing: Shanghai-based AI chipmaker Biren raises ~$515M in a new share sale; Biren's Hong Kong-listed stock is down 50%+ from a June peak but up ~70% YTD  —  Shanghai Biren Technology Co. aims to raise HK$4.04 billion ($515 million) in another share sale to help bankroll …



Source: TechMeme
Source Link: https://www.techmeme.com/261008/p3#a261008p3


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