Moore Threads, a Beijing-based GPU manufacturer, made a strong market today, with shares debuting 468% to 650 yuan. The IPO raised 8 billion yuan, signaling investor confidence in China’s tech policies despite U.S. sanctions. The company aims for significant revenue growth and profitability by 2027.
China’s Nvidia-like Moore Threads surges 500% on debut, becomes second-biggest listing pop of 2025