Shunwei-backed Manycore Tech surges 160% in Hong Kong debut

• Shun Wei Capital-backed Manycore Tech listed in Hong Kong on April 17 under 00068.HK, opening up more than 160% at HKD 20 for a market value of nearly HKD 35 billion.
• New funding rounds included Qianxun Intelligent’s CNY 10 billion raise on April 7 co-led by Shun Wei and Yunfeng, following a nearly CNY 20 billion round in February; Liangyi Wanxiang closed a CNY 100 million-plus Series A co-led by Shun Wei; SynapX added Singapore’s K3 as a strategic investor alongside existing backers including Shun Wei.
• Other financings cited: Yehhe Technology raised a CNY 10 million-level angel round solely from Shun Wei; AheadForm completed a CNY 100 million-plus A1 round; Simple AI raised a CNY 100 million-level round; Yuexing瞳 closed angel-to-Series A funding totaling more than CNY 100 million; PoKe Robot raised a tens-of-millions-of-U.S.-dollars angel round; Aurion Photon completed a CNY 100 million-plus Series D; Jiana Energy raised a CNY 100 million-plus Series A+; HITBOT secured CNY 240 million in strategic funding; PipiBear closed a tens-of-millions Series A; ReviR took a strategic investment from CureCMT; VOLANT raised more than USD 300 million in Series C.
• Portfolio operating updates included SIERRA Vision System’s NMPA Class III registration for an ophthalmic surgery platform, ScaleFlux winning a 2026 Global Tech Insider award, Flexiv showcasing at Hannover Messe, Unitree pricing a dual-arm humanoid robot from CNY 26,900, Zhipu named among Time’s 2026 top 10 AI companies, GeWuJianWei receiving China high-tech enterprise status, SynapX ranking No. 2 globally in an ICRA 2026 AGIBOT World Challenge online leaderboard, Orange Group placing No. 65 in WWD’s 2025 global top 100 beauty companies, and Moonshot AI releasing and open-sourcing the Kimi K2.6 model.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beijing Shun Wei Capital Investment Consulting Co Ltd published the original content used to generate this news brief on May 19, 2026, and is solely responsible for the information contained therein.