Shanghai Iluvatar CoreX Semiconductor (HKEX: 9903), a Chinese maker of AI-focused GPGPUs, is considering a Hong Kong share sale to raise at least $800 million, according to a report on July 8, 2026. Following a sharp rally in its stock since its January initial public offering (IPO), the company is said to be in talks with advisers. According to the report, the recent expiry of the six-month lock-up period restricting sales by major shareholders lies behind the move.
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