Xiaomi-backed chipmaker Amicro eyes over $100m Hong Kong IPO

Chinese chipmaker Amicro, backed by Xiaomi, is planning a Hong Kong IPO to raise more than $100 million. The company passed its listing hearing with Hong Kong Exchanges and Clearing last week.

• Amicro plans a Hong Kong IPO to raise over $100 million
• The company passed its listing hearing last week
• Xiaomi is among Amicro's backers