Filing: Chinese AI chip startup Biren raises ~$717M in its Hong Kong IPO; institutional and retail tranches were oversubscribed ~26x and ~2,348x, respectively news reuters.com

Himanshi Akhand / Reuters: Filing: Chinese AI chip startup Biren raises ~$717M in its Hong Kong IPO; institutional and retail tranches were oversubscribed ~26x and ~2,348x, respectively  —  Chinese AI chip startup Shanghai Biren Technology (6082.HK) has raised HK$5.58 billion ($716.85 million) in its Hong Kong initial public offering …