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AXERA (00600.HK) Begins IPO Today with Entry Fee of HKD2,848.44
2026-01-30 09:17:07
AI inference SoC supplier AXERA (00600.HK) begins its IPO today (January 30), closing it at noon next Thursday (February 5), with an expected listing date of February 10. The company plans to issue 105 million H shares, with 10% offered publicly in Hong Kong and 90% for international placing, at an offer price of HKD28.2 per share. The IPO aims to raise approximately HKD2.959 billion. The entry fee for one board lot (100 shares) is HKD2,848.44.

AXERA's IPO attracted 16 cornerstone investors, including Will Semiconductor under OMNIVISION (00501.HK), Xin Ma Apparel under YOUNGOR (600177.SH), JSC International Investment Fund SPC, NGS Super Pty, Desay SV Automotive Singapore Pte. under DESAY SV (002920.SZ), Factorial Master Fund, Hel Ved Master Fund, Valliance Asset Management, Joyson Electronics Holdings Hong Kong under JOYSON ELEC (00699.HK), Jupiter Global Master Fund, GRANITE ASIA IX VCC, and CICC Financial Trading, NonaVerse (Hong Kong), and Jinyi Capital Multi-Strategy Fund, collectively subscribing to USD185 million worth of company shares.

The company expects to raise net proceeds of approximately HKD2.79 billion from the listing. According to data from China Insights Consultancy, AXERA is the world's fifth-largest supplier of edge AI inference chips by shipment volume in 2024. In terms of results performance, the company's revenue for the first nine months of last year was RMB269 million, up 5.8% YoY; and the loss attributable to shareholders was RMB830 million, expanding from RMB659 million in the same period of 2024.
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