Two Chinese chipmakers are attracting strong retail investor demand, buoyed by industry peer Moore Threads Technology Co.’s stellar debut. ( read original story ...)
Ex-Nvidia manager worth $4.3 billion after blockbuster China IPO
His firm raised 8 billion yuan ($1.1 billion) in the year’s second-largest initial public offering in mainland China, with the stock soaring 425% in its trading debut in Shanghai on Friday. That surge ... ( read original story ...)
IMF Launches Shanghai Center
The International Monetary Fund (IMF) today officially launched the operations of its previously announced center in Shanghai, People’s Republic of China. ( read original story ...)
‘China’s Nvidia’ shows that the global chip race is heating up as it basks in post-IPO glow
As Nvidia pushes to sell its artificial-intelligence chips in China again, a homegrown rival’s successful public market debut is signaling that the country is aiming to get to the top on its own. ( read original story ...)
Shanghai FTZ launches pilot program to upgrade free trade account system
The People's Bank of China Shanghai Head Office started implementing the interim measures for upgrading free trade account functions in the Shanghai FTZ on Friday, launching the pilot upgrade of ... ( read original story ...)
‘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. ( read original story ...)
As China’s Nvidia challenger Moore Threads surges 500% in stock market debut, meet its founder James Zhang, also an ex-Nvidia employee. His career, education
Moore Threads, a Chinese chip firm, has made a remarkable stock market debut. Founded by James Zhang, formerly of Nvidia, the company's valuation soared, reflecting investor belief in China's push for chip independence. ( read original story ...)