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Chinese Chipmaker Longsys Seeks $800 Million in HK Listing

Source: Bloomberg

IPOs & SPACsArtificial IntelligenceTechnology & InnovationInvestor Sentiment & PositioningCompany Fundamentals

Shenzhen Longsys Electronics is seeking to raise up to HK$6.28B ($801M) through a Hong Kong listing, adding another Chinese company to the AI supply-chain pipeline. The filing comes after its onshore shares have gained ~50% this year, suggesting strong investor appetite despite limited incremental details on offer terms.

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