
Xiaomi-backed chipmaker Zhuhai Amicro Technology is preparing to begin premarketing for a Hong Kong IPO exceeding $100 million as early as this week, sources say, after passing its listing hearing with HKEX last week and aiming for a mid-October trading debut.
AI-generated summary
Zhuhai Amicro Technology, a Xiaomi-backed chipmaker, passed its listing hearing with HKEX last week, clearing the final regulatory hurdle for a Hong Kong IPO.
Zhuhai Amicro Technology, a Xiaomi-backed chipmaker, is preparing to begin premarketing for a Hong Kong initial public offering (IPO) of more than US$100 million as early as this week, according to people familiar with the matter.
The company passed its listing hearing with bourse operator Hong Kong Exchanges and Clearing (HKEX) last week, clearing the final regulatory hurdle for a share sale in the city, the people said, requesting anonymity because the information is private.
According to HKEX’s records, Amicro had yet to publish a public listing document. As a result, its financial details have not been disclosed.
It planned to start bookbuilding as soon as next week, and could make its trading debut in mid-October, the sources said.
AI outlook — possibilities, not facts
Zhuhai Amicro Technology will begin premarketing for its Hong Kong IPO this week
Very likely · Within days
The company will make its trading debut in mid-October
Likely · Within weeks

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