[AI Chip Maker SigmaStar to Raise $300 Million in Hong Kong IPO] Odaily reports that AI chip maker SigmaStar Technology is considering a Hong Kong IPO as early as this year, aiming to raise up to $300 million. The company has begun discussions with potential investors and has appointed China International Capital Corporation (CICC) and CITIC Securities International as its partners. Headquartered in Xiamen, SigmaStar's Shenzhen-listed shares have risen 67% this year. This IPO comes at a time of resurgence for Chinese tech companies seeking funding in Hong Kong, where IPOs have raised a total of $52.2 billion this year, approaching the previous annual record of $57.8 billion set in 2010. (Bloomberg)