{"id":329021,"date":"2025-12-05T08:25:08","date_gmt":"2025-12-05T08:25:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/329021\/"},"modified":"2025-12-05T08:25:08","modified_gmt":"2025-12-05T08:25:08","slug":"chinese-ai-chipmaker-moore-threads-shares-soar-469-after-1-1-billion-ipo","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/329021\/","title":{"rendered":"Chinese AI Chipmaker Moore Threads&#8217; Shares Soar 469% After $1.1 Billion IPO"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/688795:CH\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Moore Threads Technology Co.<\/a>, a leading Chinese artificial intelligence chipmaker, jumped 425% in its Shanghai trading debut after raising 8 billion yuan ($1.13 billion), marking the biggest first-day pop for a major IPO since China\u2019s 2019 <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-07-22\/china-s-new-nasdaq-style-venue-set-for-monday-trading-start\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">reforms<\/a>.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">The initial public offering drew strong investor interest, with the retail portion <a href=\"https:\/\/www.cninfo.com.cn\/new\/disclosure\/detail?plate=sse&amp;orgId=9900063221&amp;stockCode=688795&amp;announcementId=1224823826&amp;announcementTime=2025-11-25\" title=\"filing\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">oversubscribed<\/a> some 2,750 times even after a clawback. Its debut doubled that of Semiconductor Manufacturing International Corp.\u2019s 202% surge in 2020 to secure the top spot among IPOs larger than $1 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"Moore Threads Technology Co., a leading Chinese artificial intelligence chipmaker, jumped 425% in its Shanghai trading debut after&hellip;\n","protected":false},"author":2,"featured_media":329022,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,184323,512,26287,44316,20654,184322,5063,5216,4933,105],"class_list":{"0":"post-329021","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-au","12":"tag-australia","13":"tag-cambricon-technologies-a","14":"tag-china","15":"tag-china-renminbi-spot","16":"tag-ipos","17":"tag-market-sentiment","18":"tag-moore-threads-technology-c-a","19":"tag-nvidia-corp","20":"tag-retail","21":"tag-shanghai","22":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/329021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=329021"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/329021\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/329022"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=329021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=329021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=329021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}