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Undervalued data center shovel seller? Report: Montage Technology's Hong Kong IPO receives cornerstone investment from top institutions such as Alibaba and Morgan Asset Management.

Undervalued data center shovel seller? Report: Montage Technology's Hong Kong IPO receives cornerstone investment from top institutions such as Alibaba and Morgan Asset Management.

According to reports, Chinese chip design company Montage Technology has secured heavyweight cornerstone investors including Alibaba and JPMorgan Asset Management, indicating strong market demand for this AI-related stock offering. According to media citing people familiar with the matter, Alibaba and JPMorgan’s asset management division will participate as cornerstone investors
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