AI chip designer Biren’s shares surge 76% on debut in Hong Kong
Shares of Shanghai Biren Technology Co. jumped almost 76% in their trading debut on Friday, marking the best first-day performance since early 2021 among Hong Kong listings that raised at least $700 million. The artificial intelligence chip designer’s stock finished at 34.46 Hong Kong dollars after an initial public offering that was priced at 19.60 … Read more