CICC HK Equity Sales Head Li Is Said to Join AI Chipmaker Biren

China International Capital Corp.’s head of equity sales in Hong Kong has left the firm to join artificial intelligence chipmaker Shanghai Biren Technology Co., according to people familiar with the matter.

Jennifer Li will lead investment and fundraising at Biren, the people said, asking not to be identified because the information isn’t public.

Representatives for CICC declined to comment. Biren and Li didn’t respond to requests for comment.

Read More: China’s Top Bankers Learn to Live With Communism, Shrinking Pay

Bloomberg News reported in February that Biren is considering an initial public offering in Hong Kong ...