Hong Kong Listing

Moore Threads

2026-08-09 08:34:31

Moore Threads Board Approves H-Share Issuance Plan for HKEX Main Board Listing

Moore Threads, the Chinese domestic semiconductor company focused on independent R&D and design of full-function general-purpose GPUs, said in an announcement that its board of directors has reviewed and approved a proposal to issue H shares and list on the Main Board of the Hong Kong Stock Exchange (HKEX). Under the plan, the company will issue overseas-listed foreign shares (H shares) and apply for a Main Board listing in Hong Kong. It intends to complete the offering at an appropriate time and issuance window within the validity period of the shareholders' resolution, or any other period extended with shareholder consent. The issuance still requires deliberation at a shareholders' meeting, plus filings, approvals and/or authorizations from relevant government and regulatory agencies. The announcement noted that no specific details have been finalized so far and that whether the plan can ultimately be implemented carries significant uncertainty. Moore Threads is a domestic Chinese semiconductor company dedicated to the research and development of full-function general-purpose GPUs.

1930

Agibot

2026-08-03 11:45:08

Agibot removes chief scientist Luo Jianlan from partner roster as departure speculation grows

Agibot has removed Luo Jianlan from the partner team list on its official website, adding weight to online speculation that the company’s former chief scientist may have left. Luo had previously been listed as partner, senior vice president and chief scientist, and appeared on the company’s first publicly disclosed partner roster in September 2025 alongside Deng Taihua, Peng Zhihui and Yao Maoqing. Other public-facing changes have surfaced as well: Luo’s personal webpage now only identifies him as an assistant professor at the Shanghai Institute of Advanced Intelligence, while his X profile no longer includes Agibot-related titles. The timing has drawn attention because Zhiyuan Innovation said on July 24, 2026 that it had started the process for a Hong Kong listing. Agibot and Luo had not publicly announced any personnel change as of publication. Luo joined Agibot in April 2025 as chief scientist, led the creation of the company’s Embodied Intelligence Research Center, and later became a partner and senior vice president. His past work spans robot learning, real-world reinforcement learning and embodied intelligence, with prior research roles at UC Berkeley, Google X, BAIR, and projects including SERL and HIL-SERL.

440

Zhongji Innol

2026-07-27 05:42:09

Sources say Zhongji Innolight aims to price Hong Kong listing at HK$980 per share

Zhongji Innolight is telling potential investors that its Hong Kong listing is likely to be priced below the top end of its indicated range, according to media reports citing people familiar with the matter. Those sources said the company plans to set the price at HK$980 per share. The matter has not been made public, and the people asked not to be identified. The previously indicated maximum offer price was HK$1,010 per share. The report was cited by Odaily and attributed to Sina Finance.

1480

MiniMax

2026-07-23 19:20:15

MiniMax Starts A-Share IPO Tutoring Five Months After Hong Kong Listing

MiniMax has signed an A-share listing tutoring agreement with CITIC Securities, just five months after its Hong Kong debut. The company reported 2025 revenue of $79.038 million, with over 70% from overseas markets.

640

Kimi

2026-07-22 01:33:00

Kimi valuation reportedly reaches RMB 200 billion as Moonshot AI draws listing talk

Market speculation around Moonshot AI has intensified after PANews reported that Kimi, the company’s flagship AI product, is now valued at RMB 200 billion and could seek a Hong Kong listing within as little as six months. The report said Kimi’s annualized revenue surpassed $300 million in June, with income expected to rise by multiples after the rollout of the K3 model. K3’s release also triggered a sharp surge in demand, with PANews saying the service neared computing-capacity limits within 48 hours and suspended access for individual memberships. The article also revisits founder Yang Zhilin’s background, from Tsinghua University and Carnegie Mellon University to work on projects including Transformer-XL and XLNet, as well as his decision to return to China rather than stay in the U.S. According to PANews, Yang’s former doctoral adviser Russ said Apple CEO Tim Cook had once inquired, through an intermediary, whether Yang would consider joining Apple. Yang reportedly replied that he would regret it for life if he never tried building an independent company.

1340

Zhongji Innol

2026-07-21 23:53:53

Zhongji Innolight targets up to $7 billion in Hong Kong share sale

Zhongji Innolight, described in the report as a global optical module leader and the largest weighting in the CSI 300, said it plans to sell 54.5 million shares in Hong Kong at a maximum offer price of HK$1,010 per share. Based on that ceiling, the deal could raise as much as HK$55 billion, or about $7 billion, with trading set to begin on July 30. Goldman Sachs, China International Capital Corporation, Morgan Stanley and GF Securities are acting as joint sponsors and bookrunners for the transaction. The report also cited people familiar with the matter as saying that BlackRock, Hillhouse and Temasek are set to become cornerstone investors. SPDBI, J.P. Morgan Asset Management, Wellington Management Co. and Yunfeng Fund are also planning to participate as cornerstone investors, and those investors are expected to take up nearly half of the shares on offer. Zhongji Innolight could start taking investor orders as early as today, and the listing may become Hong Kong’s largest equity offering in seven years.

1850

Moonshot AI

2026-07-18 08:38:00

Moonshot AI prepares for Hong Kong IPO, with listing possible in as little as six months

Moonshot AI has begun preparing for a Hong Kong initial public offering and could complete the listing in as little as six months, according to a report cited by PANews from Sina Finance. The company has informed investors that it is adjusting its corporate structure as part of the IPO process. The development comes one day after Moonshot AI formally unveiled Kimi K3 in the early hours of July 17. The company described Kimi K3 as its strongest model to date, with 2.8 trillion total parameters, a 1 million-token context window, and native multimodal capabilities. Moonshot AI said the model is built for long-horizon intelligent coding and self-evolving workflows, and called it the world’s largest open-source model by parameter count currently available.

650

Eoptolink

2026-07-17 14:18:16

Eoptolink files for Hong Kong listing, targets up to $5 billion raise

Chinese optical module maker Eoptolink has filed an application for an H-share listing in Hong Kong and plans to raise as much as $5 billion, according to Techub News. The company said the proceeds are intended for research and development, capacity expansion, and potential acquisitions. Its board approved the plan on June 11, 2026. Eoptolink reported about RMB 24.84 billion in revenue for 2025, while net profit rose 236% year over year to RMB 9.53 billion. The company’s client list includes major technology firms such as Google, Microsoft, and Amazon. The proposed listing still requires approval from shareholders, the China Securities Regulatory Commission, and the Hong Kong Securities and Futures Commission. CryptoBriefing was cited in the item carried by Techub.

2240