{"id":983076,"date":"2026-01-03T07:55:21","date_gmt":"2026-01-03T02:25:21","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=983076"},"modified":"2026-01-03T08:13:11","modified_gmt":"2026-01-03T02:43:11","slug":"china-ai-chipmaker-biren-soars-in-hong-kong-debut-as-ipo-wave-builds","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/03\/china-ai-chipmaker-biren-soars-in-hong-kong-debut-as-ipo-wave-builds\/","title":{"rendered":"China AI chipmaker Biren soars in Hong Kong debut as IPO wave builds"},"content":{"rendered":"<p>Shares of Chinese AI chip designer Shanghai Biren Technology closed up 76% in their Hong Kong \u2060debut on Friday, the financial hub&#8217;s first listing of 2026.<\/p>\n<p>The company&#8217;s shares opened at HK$35.70, hit an intraday high of HK$42.88 and closed at HK$34.46, up 76% from the offer price of HK$19.60.<\/p>\n<p>That compared to a 2.8% rise for the benchmark Hang Seng Index. Biren was also the third most actively traded stock by turnover on the Hong Kong bourse, with 150.7 million shares \u200cworth HK$5.52 billion ($707.7 million) \u200cchanging hands.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Chinese AI chip designer Shanghai Biren Technology closed up 76% in their Hong Kong \u2060debut on Friday, the financial hub&#8217;s first listing of 2026. The company&#8217;s shares opened at HK$35.70, hit an intraday high of HK$42.88 and closed at HK$34.46, up 76% from the offer price of HK$19.60. That compared to a 2.8% rise for the benchmark Hang Seng Index. Biren was also the third most actively traded stock by turnover on the Hong Kong bourse, with 150.7 million shares \u200cworth HK$5.52 billion ($707.7 million) \u200cchanging hands.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-983076","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/983076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=983076"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/983076\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=983076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=983076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=983076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}