China’s AI chipmaker Biren tumbles 12% as it seeks US$510m in share placement
- Posted on October 8, 2026
- By South China Morning Post
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- 1 min read
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China’s AI chipmaker Biren tumbles 12% as it seeks US$510m in share placement
The capital injection marks the firm’s second share placement since its Hong Kong listing in January, following a previous round in July.