- Beijing Eswin Computing Technology will start soliciting orders from institutional and public investors on Monday for its Hong Kong IPO, aiming to raise around US$300 million.
- Trading is expected to start on October 8, after the company cleared its listing hearing with Hong Kong Exchanges and Clearing.
- Eswin reported revenue of 2.4 billion yuan in 2025, up 20 per cent year on year, with net losses of 1.5 billion yuan for the year.
- Citic Securities (Hong Kong) and China Securities (International) Corporate Finance Company are joint sponsors of the offering.
Quotes
“Beijing Eswin Computing Technology will start soliciting orders from institutional and public investors on Monday ahead of its Hong Kong initial public offering (IPO), aiming to raise around US$300 million, according to people familiar with the matter.”
“The Chinese chipmaker had already started gauging investor interest, with trading expected to start on October 8, said one of the people, who asked not to be identified due to the sensitivity of the issue.”