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Market Chatter: Chip Designer Kiwimoore Confidentially Files for Hong Kong IPO

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Chinese chip designer Kiwimoore has confidentially filed for a Hong Kong initial public offering that could value the company at around $2 billion, Reuters reported Thursday, citing two people familiar with the matter.

The Shanghai-based company is targeting a Hong Kong listing in the first half of 2027 and raised about 700 million yuan in a July funding round at an $8 billion yuan valuation, according to the report.

It has appointed CITIC Securities and ABC International to work on the listing, the report added.

Kiwimoore did not immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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