The firm’s stock soared as much as 502% after being sold at 114.28 yuan a piece during the initial public offering (IPO). ( read original story ...)
China’s Nvidia-like Moore Threads soars in trading debut after $1.1 billion IPO
Moore Threads, China's leading GPU manufacturer, saw its stock price soar over five times its IPO price during its debut on Shanghai's STAR Market, amid an increasing demand for domestic chip ... ( read original story ...)
Temasek-backed Fullerton winds down China hedge fund business as global managers struggle
Fullerton Fund Management Co., controlled by Temasek Holdings Pte, is winding down its China private fund businesses including an eight-year-old hedge fund unit, according to people with knowledge of ... ( read original story ...)
Tokyo-Shanghai flight makes emergency landing after man demands to change seats to be with girlfriend
A Spring Airlines flight from Tokyo to Shanghai was forced to make an emergency return on Dec. 1 after a dispute between a male passenger and a flight attendant over a seat change. ( read original story ...)
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 ... ( read original story ...)
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. ( read original story ...)
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 ... ( read original story ...)