
Manycore Tech joins Stock Connect as investors revisit ‘Six Dragons’
The Stock Connect inclusion gives Manycore access to a broader pool of Chinese investors and could improve trading liquidity.

The Stock Connect inclusion gives Manycore access to a broader pool of Chinese investors and could improve trading liquidity.

The company aims to move 3D content creation from labor-intensive manual modeling toward automated, large-scale production.

The launch comes as AI video tools face weak user retention and uncertain monetization on the consumer side, pushing the industry toward enterprise workflows and B2B use cases.
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The scale is roughly equivalent to digitizing the entire West Lake, a world-famous tourist attraction, in Hangzhou.

The approval allows the company to commercially deploy the model under China’s generative AI regulations, which require security and compliance reviews before public rollout.
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The companies said they plan to target sectors including spatial design, tourism, cultural heritage preservation, industrial digital twins, film production and gaming.

The surge follows a strong debut last week, when the stock jumped more than 140% on its first day of trading.

During over-the-counter (OTC) trading the day before the company went public, shares had already leaped 169.29% to HK$20.52, signaling strong pre-debut momentum.

The Hangzhou-based company’s public tranche was oversubscribed about 1,071 times, with total margin financing and subscriptions reaching HK$131.2 billion ($16.75 billion).

The offering marks Manycore as the first global space-intelligence company to go public and the first among Hangzhou’s so-called “Six Little Dragons” to hit the capital markets.