China’s AI and Robotics IPO Boom: Shein Lists in Hong Kong

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Chinese markets are experiencing a surge in new public stock offerings, fueled by the growing interest in artificial intelligence and advanced technology. Shein, a China-founded e-commerce and fast fashion giant, is set to debut in Hong Kong with an initial public offering expected to raise USD 1.7 billion. In Shanghai, CXMT, China’s largest memory chipmaker, recently raised over USD 8.6 billion in the second-largest IPO on mainland China’s STAR market. The IPO boom is driven by investor demand for AI and robotics, with Unitree, a leading humanoid robot maker, also making a successful listing debut in Shanghai. Ruiying Zhao, a…

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