Kuaishou's subsidiary, Keling AI, plans to raise $3 billion at a valuation of $18 billion and intends to list in Hong Kong.
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Defu Technology: Plans to raise no more than 2.8 billion yuan through private placement for high-end electronic circuit AI copper foil project.
According to Mars Finance, Defu Technology (301511.SZ) announced that it plans to issue A-shares to specific targets, raising a total of no more than 2.8 billion yuan. After deducting issuance expenses, the funds will be used for the "50,000-ton AI copper foil project for high-end electronic circuits" and to supplement working capital. The AI copper foil project has a total investment of 2.25 billion yuan, with 1.98 billion yuan planned to be invested from the raised funds. It will be implemented by its wholly-owned subsidiary, Amber New Materials. Upon completion, the project will achieve an annual production capacity of 50,000 tons of high-end electronic circuit copper foil, including copper foil for FPCs, RTF, HVLP, and carrier copper foil, mainly used in AI servers, high-speed switches, optical modules, and other fields. This issuance is subject to approval by the company's shareholders' meeting, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission. (Cailian Press)
Blue Origin raises $10 billion at a valuation of $130 billion.
Blue Origin reportedly raised $10 billion at a valuation of $130 billion, with Bezos contributing $2 billion. (Cailian Press)
Amazon plans to raise at least $25 billion through a dollar bond issuance.
According to BlockBeats, on July 7, Amazon plans to raise at least $25 billion through a dollar bond issuance.
Data center operator Csquare plans to raise up to $1.35 billion in a NYSE IPO.
According to filings with the U.S. Odaily(SEC), data center operator Csquare plans to list on the NYSE under the ticker symbol "CSQR." The company plans to issue 50 million shares at a price range of $23 to $27 per share, raising up to $1.35 billion. At the upper end of the offering price range, the company's valuation would be approximately $4.18 billion. This IPO comes at a time of global expansion in AI computing power and data centers, with market demand for infrastructure assets continuing to rise. (Bloomberg)
Kuaishou shares surged over 7% in Hong Kong after Keling AI completed a financing round of approximately US$3 billion.
According to BlockBeats, on July 6, based on Bitget market data, Kuaishou's Hong Kong-listed shares rose by over 7.56%, with a turnover of nearly HK$3 billion. This followed Keling AI's completion of a financing round of approximately US$3 billion.
Rainbow Optoelectronics: Plans to acquire a 33.42% stake in its subsidiary, Hongyang Display, for 1.916 billion yuan.
According to Mars Finance, Rainbow Optoelectronics announced that it will acquire 33.42% of the equity of its subsidiary, Hongyang Display (Xianyang) Technology Co., Ltd. (hereinafter referred to as "Hongyang Display"), from minority shareholders for RMB 1.916 billion using its own funds. After the acquisition, Rainbow Optoelectronics' shareholding in Hongyang Display will increase from 62.4% to 95.82%.