Manycore Is Said to Plan $200 Million HK IPO Filing This Year

Manycore Tech Inc., a maker of 3D design software, is preparing to file for a Hong Kong initial public offering as soon as this year to raise as much as $200 million, people familiar with the matter said.

Hangzhou, China-based Manycore has picked CCB International Holdings Ltd. and JPMorgan Chase & Co.for the deal, the people said, asking not to be identified as the information isn’t public. Deliberations are ongoing and the timing and size may change, they said.

Representatives for JPMorgan and Manycore declined to comment. CCBI didn’t respond to a request for comment.

Manycore filed for ...