On August 31, Jiebao Technology, a Chinese storage chip manufacturer, released its listing documents, planning to go public in Hong Kong and raise funds of no more than HKD 6.28 billion (approximately RMB 5.395 billion), with an expected listing date of September 8. If the over-allotment option is exercised, the fundraising scale could reach up to USD 1.06 billion, corresponding to a maximum market capitalization of approximately USD 24.9 billion.
