# IPO
Latest news and articles about IPO
Total: 30 articles found

China’s Spring Gala Becomes a ‘Super Roadshow’ for Humanoid Robots — But the Real Test Is Commercialisation
China’s CCTV Spring Festival Gala featured multiple domestic robot makers in high‑visibility performances, turning the national broadcast into a de facto investor roadshow. The exposure has already driven search and order spikes, and several companies are accelerating listing plans, but converting spectacle into sustainable revenue will require scalable manufacturing and clear commercial use cases.

Robots Steal the Show at China’s New Year Gala — Hype, Cash and a Long Road to Everyday Life
Humanoid robots took center stage at China’s Spring Festival Gala, drawing mass attention and investor interest. The spectacle highlights real progress in robotics but also underscores the gap between theatrical demonstrations and practical, affordable deployments for everyday life.

Hong Kong’s Quiet Comeback: From ‘Finance-Only’ to a Bay‑Area Tech Partner
Hong Kong posted a stronger growth profile in 2025, driven by export demand, a services rebound and renewed capital‑market activity. Policy moves to develop a northern innovation cluster linked to Shenzhen are beginning to produce measurable results, challenging the notion that the city is solely a financial centre.

Anthropic’s $30bn Haul Pushes Valuation to $380bn — Wall Street Poised for an AI IPO Showdown
Anthropic raised about $30 billion in a financing that values the AI startup at around $380 billion, placing it with OpenAI and SpaceX among the most valuable private companies. The round cements deep commercial ties with Microsoft and other cloud and chip vendors, sharpens the race toward high‑profile AI IPOs, and highlights risks around profitability, compute concentration and regulatory scrutiny.

AI Insiders Sound the Alarm as U.S. Start‑ups Pivot from Safety to Speed
Senior researchers exiting US AI companies have publicly warned that commercialization and IPO pressures are sidelining safety, risking manipulative or harmful model behaviour. The conflict between monetisation incentives and the need for interpretability, privacy safeguards and robust alignment work has produced real‑world moderation failures and could invite regulatory intervention.

Joseph Tsai Says Jack Ma Once 'Fired' Him — and Signals Alibaba's New, Narrower Focus on AI and Cloud
At a Stanford Business School interview, Alibaba chairman Joseph Tsai revealed Jack Ma once removed him from an operations role early in Alibaba's history and described the company's renewed strategic focus: concentrate on e-commerce, expand AI and cloud (with an eye toward GPU demand), and deprioritize non-core assets. He framed these choices as pragmatic responses to market realities and the need for clear priorities.

Inside Dreame’s 'Universe': A Founder’s Bid to Build a Multi‑Trillion Tech Empire
Dreame Technology, founded in 2017 and known for its robot vacuums, is executing a rapid, multi‑category expansion under CEO Yu Hao’s charismatic leadership. The company claims strong revenue growth and profitable units, but its aggressive ecosystem strategy—funded internally and via an affiliated venture fund—carries governance, funding and execution risks reminiscent of prior Chinese tech conglomerates.

‘Shared Massage-Chair’ IPO Collapses Within Two Months as Safety and Scale Doubts Emerge
LeMo Technology’s Hong Kong-listed shares halved within two months of its December 2025 IPO, tumbling to HK$18.84 on 6 February 2026 amid sharp intra-day sell-offs. Investor confidence soured after safety incidents, poor customer reviews and investigative reports that questioned the authenticity of the company’s claimed device deployments.

China’s HBN Pushes Growth with Ads, Not R&D — But Can an IPO Fix That?
Hujia Technology’s HBN has risen rapidly in China’s mid-to-high-end skincare market but relies heavily on advertising to drive sales. The company shows high gross margins offset by low net margins because roughly half of revenues are spent on promotion, while R&D investment remains modest. The upcoming Hong Kong IPO will test whether capital can shift the brand from marketing-driven growth to sustained, product-led profitability.

Musk’s SpaceX–xAI Tie-Up Pushes His Net Worth Past the $800bn Mark — and Raises Strategic Stakes
Elon Musk’s SpaceX and xAI have merged in a deal that Forbes estimates added roughly $84 billion to his net worth, pushing him past the $800 billion threshold to a record level around $852 billion. The combined company is being valued privately at about $1.25 trillion, with Musk holding an estimated 43% stake, and is preparing for an eventual IPO and index inclusion that could unlock significant liquidity.

China’s Tianyi Eyes A‑Share IPO to Fund Ambitious 120‑Sat SAR Constellation
Tianyi Space Technology has filed for IPO guidance in Hunan as it seeks capital to build a 120‑satellite SAR constellation. The company combines in‑house manufacturing, automated operations and end‑to‑end InSAR services, but faces high upfront costs and a customer base currently dominated by government and state enterprises.

China’s Xintianxia Seeks Hong Kong IPO Despite Weak Margins and Questionable Market Claims
Xintianxia, a Chinese fabless designer of NOR and SLC NAND Flash, has filed for a Hong Kong IPO despite falling revenues, low gross margins relative to peers and past regulatory warnings over disclosure. The company’s profitability lags larger rivals largely because of a product mix tilted to lower-capacity, lower-margin parts and a decision to report market share only among Fabless peers, which may give a distorted view of its competitive position.