Zhuhai Amicro Technology, a robot chip designer backed by Xiaomi, has passed its listing hearing and plans to raise over $100 million in an IPO in Hong Kong.
Zhuhai Amicro Technology, a robot chip designer backed by Xiaomi, has passed its listing hearing with HKEX, clearing the final regulatory hurdle for an initial public offering (IPO) in Hong Kong, according to people familiar with the matter. The company plans to begin pre-deal investor education as early as this week, aiming to raise over $100 million, and is expected to list in mid-October.
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