MetaX Plans Hong Kong Listing After Shanghai IPO Sends Stock Up 564%

According to Bloomberg, on June 12, MetaX Integrated Circuits Shanghai Co. plans to pursue a Hong Kong listing to support growth and international expansion, subject to shareholder and regulatory approvals. The Shanghai-based AI GPU chipmaker raised US$586 million in its Shanghai debut in December, with shares climbing 564% since the initial public offering, giving it a market value of US$41 billion.
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