Ligent Technologies raises $727 million in Hong Kong IPO

AI computing networks maker Ligent Technologies raised HK$5.7 billion ($727 million) in its Hong Kong initial public offering. The company is set to debut on the Hong Kong stock exchange on Tuesday amid a wave of AI-related listings.

• Ligent Technologies raised HK$5.7 billion ($727 million) in its IPO
• Shares debut on the Hong Kong stock exchange on Tuesday
• The company builds networking for AI computing