The firm’s stock soared as much as 502% after being sold at 114.28 yuan a piece during the initial public offering (IPO).
Tagged By beijing
A peaceful walk along Shenzhen’s green pathways
Discover the calm side of Shenzhen, where skyscrapers rise beside lush green spaces. This walk reveals how one of China’s most advanced cities blends modern architecture with sustainability and design …
Lessons from the world’s most thriving megacity
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.
After the Hong Kong fire, Beijing confronts a grief it can’t easily police
More than a week after the huge fire in Hong Kong’s Wang Fuk Court complex, the death toll is still rising and questions are piling up over why it happened and how it might have…
Xi joins Macron in southwest China on rare trip with a global leader outside Beijing
Chinese President Xi Jinping accompanied his French counterpart Emmanuel Macron to Chengdu on Friday, a rare gesture seemingly reserved for the head of Europe’s second-largest economy that highlights …
Xinhua Silk Road: Great Wall Cigar explores global industrial cooperation via embassy visits in Beijing
A delegation from the Great Wall Cigar Factory of China Tobacco Sichuan Industrial Co., Ltd. recently visited the embassies of Cuba, Morocco, and Indonesia in Beijing to explore opportunities for …
China home prices to fall 3.7% this year, extending declines into 2026- Reuters poll
China’s home prices are forecast to decline 3.7% this year, broadly in line with the previous poll, and to continue fal …
China shakes off tariff scare to stick with export-driven growth
China’s leaders are widely expected to stick with its manufacturing-led growth strategy in key policy meetings this month, even as calls grow at home and abroad for a more urgent shift toward …
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.
Moore the merrier as ‘China’s Nvidia’ soars on debut
Shares of Moore Threads Technology, dubbed by analysts as “China’s Nvidia”, soared on its debut in Shanghai on Friday on bets the US-blacklisted startup will benefit from Beijing’s drive to boost …
China’s Nvidia-like Moore Threads soars in trading debut after $1.1 billion IPO
Shares of Moore Threads Technology Co, dubbed by analysts as “China’s Nvidia”, soared on debut in Shanghai on Friday, on bets the U.S.-blacklisted startup will benefit from Beijing’s drive to boost …
