Sunday, August 6, 2023

China's Hua Hong Semiconductor raises $2.96B in its Shanghai listing, the largest in the Asia Pacific region this year; the firm is already listed in Hong Kong (Filipe Pacheco/Bloomberg)

Filipe Pacheco / Bloomberg:
China's Hua Hong Semiconductor raises $2.96B in its Shanghai listing, the largest in the Asia Pacific region this year; the firm is already listed in Hong Kong  —  - Company raised nearly $3 billion through the share sale  — It is the largest listing in the Asia Pacific region this year



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UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the US, and the Asia Pacific (Mauro Orru/Wall Street Journal)

Mauro Orru / Wall Street Journal : UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center bui...