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 …

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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 ↗

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