Thermal coal imports by Asia’s heavyweights China and India ticked higher in November, but the accompanying rise in prices may cap further gains in volumes. China, the world’s biggest coal importer, …
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China pledges to boost imports, sign more trade deals in next five years
China will ramp up efforts to expand imports and develop balanced trade in the next five years, Commerce Minister Wang Wentao said in an interview with state news agency Xinhua on Friday.
‘China’s Nvidia’ Moore Threads Shares Surge Over 500% In Blockbuster Shanghai IPO
Shares of chipmaker Moore Threads Technology, dubbed China’s Nvidia (NASDAQ: NVDA), rose as much as 502% as it debuted in Shanghai on Friday.
China’s Nvidia-like AI chipmaker Moore Threads jumps ~500% after IPO debut
Beijing-based AI chipmaker Moore Threads Technology raised ~$1.13 billion (8 billion yuan) in its Shanghai STAR Market IPO, …
China has declared all crypto activity, including stablecoins, illegal
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.
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.
