IPO

• China’s first 'AI tiger' goes public as Zhipu climbs in Hong Kong debut - Shares of China-backed Zhipu made small gains on their Hong Kong debut, following a $558 million initial public offering.
• AI-linked IPOs in China are exploding. But it's not easy for foreigners to join the party - China's hottest artificial-intelligence listings are delivering eye-popping gains. However, it may not be easy for overseas investors to partake in the rally.
• India's ICICI Prudential AMC sees shares jump 20% in market debut after stellar IPO - The IPO by the firm jointly owned by India's ICICI Bank and UK's Prudential, was priced at 2,165 rupees per share at the upper end of the price band.
• Nvidia supplier SK Hynix eyes U.S. listing as it expands on the AI boom - South Korea's SK Hynix is considering a U.S. listing as it grows in market cap and production capacity.
• 'China's Nvidia' Moore Threads surges over 400% on trading debut after $1.1 billion listing - Shares of Moore Threads soared by more than 400% on its debut in Shanghai following its $1.1 billion listing.
• Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT - Anthropic, the AI startup behind the popular Claude chatbot, is reportedly in talks to launch one of the largest initial public offerings ever as 2025.