The firm’s stock soared as much as 502% after being sold at 114.28 yuan a piece during the initial public offering (IPO).
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China chipmaker Moore Threads soars 469% after US$1.1 bil IPO
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Forty years ago, Shenzhen, China, was little more than a cluster of villages, home to a few hundred thousand people. Today, it holds roughly 20 million residents and ranks among the world’s …
China chipmaker Moore Threads soars 502% after eight billion yuan IPO
The listing comes as optimism over the country’s drive for tech self-sufficiency intensifies, fuelled by trade tensions and fears of US technology curbs Read more at The Business Times.
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‘China’s Nvidia’ Moore Threads surges over 400% on trading debut after $1.1 billion listing
Shares of Moore Threads soared by more than 400% on its debut in Shanghai following its $1.1 billion listing.
China’s risky shadow banks back in spotlight after Xi’s debt crackdown — Bloomberg
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China shakes off tariff scare to stick with export-driven growth
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China chipmaker Moore Threads soars 469% after $1.1 billion IPO
Moore Threads Technology Co., a leading Chinese artificial intelligence chipmaker, surged in its Shanghai trading debut after raising 8 billion yuan ($1.13 billion) in the year’s second-largest …
China’s Nvidia-like Moore Threads soars 469% after $1.5 billion IPO
Investors are betting the chipmaker could become a key force in accelerating China’s AI efforts. Read more at straitstimes.com. Read more at straitstimes.com.