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Story summary
- Biren Technology plans an IPO on the Hong Kong Stock Exchange to raise about US$300 million after approval by the China Securities Regulatory Commission.
- The listing would position Biren Technology as a potential first GPU developer to go public in Hong Kong.
- Biren Technology's BR100 chip competes with Nvidia.
- In 2023, Biren Technology was added to the U.S. Entity List, but it continues to progress with investments and partnerships.
