After Manycore’s IPO, Which Hangzhou Six Little Dragons Could List Next? [Forbes]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Forbes
The “Six Little Dragons” is an informal label for six deep-tech startups including DeepSeek Unitree Robotics DEEP Robotics BrainCo Game Science and Manycore Tech . All founded in Hangzhou and operating across frontier technology sectors with AI as a common thread. I had the opportunity to meet with some of these teams firsthand during my trip to China last month, and their progress is truly impressive. Manycore's Hong Kong IPO is not just a story about one company; it is a moment of truth for Hangzhou itself. The city, previously best known as the headquarters for both Alibaba Group and NetEase, is now seeing its broader tech ecosystem put to the test. Investors are watching to see whether public markets are buying into the broader Hangzhou narrative. A strong debut for Manycore does not automatically clear the path for the other five, but it does give investors a public sector reference point and renewed confidence that the city can be seen as more than just Alibaba's hometown.
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- After Manycore's IPO, Which Hangzhou Six Little Dragons Could List Next? [Yahoo! Finance]Yahoo! Finance
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