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- Anker Innovations, known for chargers, is considering a Hong Kong IPO by 2026 to expand its global reach.
- Hong Kong IPO fundraising surged eightfold in 2025, making the city an attractive destination for Chinese tech listings.
- Anker’s revenue diversification includes audio, smart home, and entertainment products, with strong global expansion, especially in North America.
- Anker joins a wave of Chinese tech firms considering Hong Kong listings, including AI chipmaker Iluvatar CoreX.
Anker Innovations Technology Co., a leading Chinese consumer electronics company best known for its mobile charging solutions, is reportedly weighing a share listing in Hong Kong as early as 2026.
According to people familiar with the matter, the Changsha, Hunan-based firm is already working with investment banks to explore the possibility, though details such as the size of the offering remain undecided.
The move would mark a significant step in Anker’s international growth journey, as the company is already publicly traded on the Shenzhen Stock Exchange. By pursuing a dual listing, Anker could tap into new pools of global capital while expanding its brand recognition among international investors.
Hong Kong IPO market sees revival
Anker’s potential move comes amid a dramatic revival in Hong Kong’s initial public offering (IPO) market. After a sluggish 2024, when fundraising barely reached $1.8 billion in the first half of the year, the city’s exchange roared back in 2025.
By midyear, Hong Kong had attracted $14 billion in listings, representing an eightfold increase from the year before.
This resurgence is part of a broader capital market shift, with mainland Chinese companies increasingly choosing Hong Kong as a gateway to global finance. In the first four months of 2025 alone, 116 listing applications were filed, many from technology firms. Strong stock performance has created an attractive environment for companies like Anker to raise funds and diversify their investor base.
Anker diversifies beyond chargers
Founded in 2011, Anker has built its reputation around reliable charging devices, which continue to make up more than half of its total revenue. However, the company has strategically expanded into new sectors, including smart home appliances, home entertainment systems, security devices, and even robotic appliances.
Its sub-brands showcase this diversification, notably, Soundcore for audio equipment, Eufy for smart home solutions, and Nebula for projectors. Charging products accounted for 57% of revenue, while audio devices contributed 24% and smart home products 18%.
The Soundcore division, in particular, has delivered impressive results, with sales growing 33% in 2022 to reach $300 million.
International expansion has also bolstered growth. In 2022, Anker’s North American revenue rose by 20%, underscoring the company’s ability to reduce reliance on its domestic market and build a global footprint.
IPO race among Chinese tech firms
Anker’s deliberations come as other Chinese technology companies are also eyeing Hong Kong listings. For example, Shanghai-based AI chipmaker Iluvatar CoreX is preparing an IPO that could raise up to $400 million.
Other players, including MiniMax, Zhipu, and Biren Intelligent Technology, are similarly lining up for public offerings in the city.
These moves highlight Beijing’s broader strategy of supporting domestic champions while reducing reliance on foreign suppliers and overseas markets. For Anker, a Hong Kong listing could both strengthen its access to international investors and align with this national policy push.
