Taiwan Uses Chip Diplomacy to Bolster Alliances and Counter China

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The wave of Chinese AI companies going public in Hong Kong reflects a broader shift of capital into AI infrastructure, a theme that overlaps with crypto's decentralized AI and DePIN sectors. Hong Kong's role as a crypto-friendly hub means these listings could attract institutional attention to the region's digital asset ecosystem, potentially increasing regulatory clarity and cross-border capital flows.

Shenzhen Longsys Electronics Co. is seeking to raise up to HK$6.28 billion ($801 million) in a Hong Kong listing, part of a wave of Chinese AI supply chain companies going public.

Longsys Targets $801M Hong Kong IPO as AI Supply Chain Listings Pile Up

The AI IPO Wave Is Silently Draining Liquidity from Crypto—Here's Why Altcoins Are Suffering