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Since the lunar new year, Deepseek has awoken Chinese animal spirits. Will this create even more momentum from last Sept's bazookas launched by the Chinese authorities/PBOC?
Chinese tech firms flock to Hong Kong for IPOs amid DeepSeek-triggered AI boom
A slew of Chinese companies are eyeing initial public offerings (IPOs) in Hong Kong, riding on the stock market impetus provided by artificial intelligence (AI) start-up DeepSeek.
AICT, a Beijing-based AI solutions provider, aims to raise about US$200 million from a Hong Kong IPO, according to sources familiar with the matter. AICT, whose products are used in robots, intelligent traffic systems and autonomous driving, was expected to file a listing application in the second quarter, one of the sources said.
https://www.scmp.com/business/banking-fi...ed-ai-boom
Chinese tech firms flock to Hong Kong for IPOs amid DeepSeek-triggered AI boom
A slew of Chinese companies are eyeing initial public offerings (IPOs) in Hong Kong, riding on the stock market impetus provided by artificial intelligence (AI) start-up DeepSeek.
AICT, a Beijing-based AI solutions provider, aims to raise about US$200 million from a Hong Kong IPO, according to sources familiar with the matter. AICT, whose products are used in robots, intelligent traffic systems and autonomous driving, was expected to file a listing application in the second quarter, one of the sources said.
https://www.scmp.com/business/banking-fi...ed-ai-boom
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