China’s central bank has shifted its attention from volatile crypto currencies like Bitcoin to stablecoins, warning that the tokens represent a deep threat to monetary sovereignty and financial order.
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China chipmaker Moore Threads soars 502% 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 …
Chinese AI chip maker Moore Threads makes strong debut after $1 billion IPO
Moore Threads, founded in 2020 by a former Nvidia executive, soared more than fourfold in its first day of trading on Friday after raising over $1 billion in its initial public offering.
Moore Threads, China’s answer to NVIDIA, surges 500% on debut
Chinese AI chip manufacturer, Moore Threads, saw its shares surge by 500% on its stock market debut, marking the largest first-day pop for a Chinese IPO over $1 billion since 2019.
China chipmaker Moore Threads soars 469% after US$1.1 bil IPO
The firm’s stock soared as much as 502% after being sold at 114.28 yuan a piece during the initial public offering (IPO).
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.
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 …
China’s 10 trillion yuan debt clean-up falls short
Unlike most major economies, public debt in China is borne largely not by the central government but by local governments Read more at The Business Times.
AI Chipmaker Moore Threads Begins Trading After China’s Second-Biggest IPO
The Beijing-based firm raised nearly 8 billion yuan ($1.13 billion), valuing the company at about $7.6 billion. The debut comes as optimism over China’s drive for tech self-sufficiency intensifies, …
