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Jixun Foo

Jixun Foo

Senior Managing Partner, Granite Asia; early Manycore backer

Appears in 1 story

Stories

China's AI startups race to go public in Hong Kong, led by spatial intelligence pioneer Manycore

Money Moves

Board-level investor in Manycore; prominent China tech venture capitalist

Manycore Tech, a Hangzhou company that builds AI tools for understanding and generating three-dimensional spaces, debuted on the Hong Kong Stock Exchange on April 17, 2026. Retail investors oversubscribed roughly 1,600 times, and shares nearly tripled, closing at HKD 18.60 — up 144% from its offer price of HKD 7.62. It's the world's first publicly listed 'spatial intelligence' company and the first of Hangzhou's 'Six Little Dragons' AI startups to reach public markets.

Updated May 31