Shanghai Iluvatar CoreX Semiconductor plans an $800M share sale in Hong Kong, nearly doubling its public market fundraising as demand for Chinese AI chips

Shanghai Iluvatar CoreX Semiconductor plans an $800M share sale in Hong Kong, nearly doubling its public market fundraising as demand for Chinese AI chips

Shanghai Iluvatar CoreX plans to raise $850M in a Hong Kong secondary share sale after its stock surged 428% since its January 2026 IPO.