In 2025, China’s semiconductor industry has seen a new wave of IPO activity. According to ijiwei, statistics show that 30 semiconductor companies entered the A-share IPO review process during the year, with a combined fundraising target of nearly RMB 100 billion. At the same time, 19 non–A-share...

China’s AI chipmakers are stepping up their push toward Hong Kong listings. According to Reuters, Chinese search giant Baidu said that its AI chip unit Kunlunxin has confidentially submitted a listing application to the Hong Kong Stock Exchange on January 1, setting the stage for a potential spin-...

China’s AI chip IPO boom is accelerating, and MetaX is stepping into the spotlight. According to South China Morning Post, Shanghai-based MetaX Integrated Circuits has become the newest standout in China’s stock market, attracting even more retail investor interest than fellow chip maker Moore T...

According to Reuters, a document from China’s securities regulator shows that CXMT Corporation—the parent company of Chinese DRAM maker ChangXin Memory Technologies—has initiated the “counselling process” as part of its preparations for an initial public offering (IPO). The document ind...

According to Anue, Chinese GPU unicorns Moore Threads and MetaX had their STAR Market IPO applications accepted on Monday, June 30. Moore Threads plans to raise RMB 8 billion. MetaX aims to raise RMB 3.904 billion, with a total investment of RMB 5 billion. As noted by Economic Daily News, this move ...