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2026 IPO bonanza! Over 90% of new stocks rose on their debut!
富途企业服务
joined discussion · Feb 10 17:50

"The first Chinese edge AI chip stock" Axera (0600.HK) officially listed on the Hong Kong Exchange today, with Futu providing professional services to help the company successfully go public

On February 10, Axera (0600.HK) successfully listed on the Main Board of the Hong Kong Exchange, becoming "the first Chinese edge AI chip stock." This IPO issued a total of 104,915,200 shares, with the Hong Kong public offering receiving 104.82 times subscription and the international offering receiving 6.8 times subscription.
As a key participant in this offering, Futu leveraged its technological trading platform advantages to introduce highly active investors during the public offering phase, securing the top position in the entire market with a subscription amount of 12.15 billion and over 20,000 subscribers, laying a solid foundation for the company's successful entry into the capital markets.
Axera is a world-leading AI inference system-on-a-chip (SoC) supplier, focusing on creating high-performance perception and computing platforms for edge computing and terminal device AI applications. Based on 2024 shipment volumes, the company holds a 24.1% market share in the mid-to-high-end visual edge-side AI inference chip segment, ranking first globally; it ranks among the top five in the global visual edge-side AI inference chip market with a market share of approximately 6.8%; it is also the second-largest domestic intelligent driving SoC supplier in China and the third-largest edge AI inference chip supplier in China.
On February 10, Axera (0600.HK) successfully listed on the Main Board of the Hong Kong Exchange, becoming "the first Chinese edge AI chip stock." This IPO issued a total of 104,915,200 shares, with the Hong Kong public offering receiving 104.82 times subscription and the international offering receiving 6.8 times subscription. As a key participant in this offering, Futu leveraged its technological trading platform advantages to introduce highly active investors during the public offering phase, securing the top position in the entire market with a subscription amount of 12.15 billion and over 20,000 subscribers, laying a solid foundation for the company's successful entry into the capital markets. Axera is a world-leading AI inference system-on-a-chip (SoC) supplier, focusing on creating high-performance perception and computing platforms for edge computing and terminal device AI applications. Based on 2024 shipment volumes, the company holds a 24.1% market share in the mid-to-high-end visual edge-side AI inference chip segment, ranking first globally; it ranks among the top five in the global visual edge-side AI inference chip market with a market share of approximately 6.8%; it is also the second-largest domestic intelligent driving SoC supplier in China and the third-largest edge AI inference chip supplier in China. According to the prospectus, Axera's revenue from 2022 to 2024 was 50 million yuan, 230 million yuan, and 473 million yuan respectively, representing a compound annual growth rate of 206.8%. In the first three quarters of 2025, the company’s revenue increased year-over-year to 269 million yuan. This...
The prospectus shows that Axign Intelligence’s revenue in 2022, 2023, and 2024 was RMB 0.5 billion, RMB 2.3 billion, and RMB 4.73 billion respectively, representing a compound annual growth rate of 206.8%. In the first three quarters of 2025, the company's revenue increased year-on-year to RMB 2.69 billion.
On February 10, Axera (0600.HK) successfully listed on the Main Board of the Hong Kong Exchange, becoming "the first Chinese edge AI chip stock." This IPO issued a total of 104,915,200 shares, with the Hong Kong public offering receiving 104.82 times subscription and the international offering receiving 6.8 times subscription. As a key participant in this offering, Futu leveraged its technological trading platform advantages to introduce highly active investors during the public offering phase, securing the top position in the entire market with a subscription amount of 12.15 billion and over 20,000 subscribers, laying a solid foundation for the company's successful entry into the capital markets. Axera is a world-leading AI inference system-on-a-chip (SoC) supplier, focusing on creating high-performance perception and computing platforms for edge computing and terminal device AI applications. Based on 2024 shipment volumes, the company holds a 24.1% market share in the mid-to-high-end visual edge-side AI inference chip segment, ranking first globally; it ranks among the top five in the global visual edge-side AI inference chip market with a market share of approximately 6.8%; it is also the second-largest domestic intelligent driving SoC supplier in China and the third-largest edge AI inference chip supplier in China. According to the prospectus, Axera's revenue from 2022 to 2024 was 50 million yuan, 230 million yuan, and 473 million yuan respectively, representing a compound annual growth rate of 206.8%. In the first three quarters of 2025, the company’s revenue increased year-over-year to 269 million yuan. This...
This IPO raised a total of HKD 2.961 billion, injecting strong growth momentum into Axign Intelligence. The company will take this opportunity to accelerate the research and development breakthroughs and commercial implementation of its next-generation AI inference chips. The company plans to further integrate upstream and downstream resources and strengthen industrial chain synergies through continuous iteration of its technology platform, overseas market expansion, strategic investments, and industry collaborations.
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As a leading digital fintech company, Futu, with an investor ecosystem of over 27 million and a comprehensive enterprise service system, is capable of providing companies with end-to-end services throughout the pre-, mid-, and post-IPO process, including one-stop ESOP stock option management solutions, Hong Kong and US IPO distribution*, investor relations (IR) and PR, financial public relations services, international placement*, secondary trading services*, and other core services.
As of Q3 2025, six out of the top ten companies in terms of Hong Kong IPO fundraising have collaborated with Futu. Nearly half of the Hong Kong IPO projects in Q3 involved cooperation with Futu. In Q3, on the Futubull platform, 12 new stocks had subscription amounts exceeding 100 billion Hong Kong dollars. Futu’s capability in US IPOs has been highly regarded, with popular new stocks like Bullish, Figure, and Gemini achieving full allocation for all subscribing US clients.
As of Q3 2025, Futu's corporate service clientele reached 1,112 companies, providing IPO distribution and IR services to 561 enterprises. It has successfully assisted 358 companies such as Meituan, Kuaishou, Xiaomi, Baidu, KE Holdings, JD Health, and Bilibili in going public in Hong Kong and the US. A total of 804 ESOP clients have signed up cumulatively, and 1,300 listed companies are now hosted on the Futu platform.
In the future, Futu will fully leverage its resources and market influence to provide more professional and efficient services to a wider range of clients!
*Securities-related businesses such as IPO distribution are provided by licensed subsidiaries under Futu.
*Data source: Market value calculated based on the first day of listing.
*Data source: Futu's Q3 2025 earnings report.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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