Investors who successfully secured 500 shares of AI chipmaker Moore Threads Technology Co. at its initial public offering last week would have realized a profit of about 500% on the first day of trade ... ( read original story ...)
Only 0.02% of Stock Bids Is Awarded in China IPO Market Frenzy
Trying to get a piece of a new listing in China has always been a long shot, but this year it has become a near-impossible feat. ( read original story ...)
Nvidia rival Moore Threads warns of risk after 723% IPO surge amid China’s chip push
Chinese chipmaker, Moore Threads Technology Co., saw its stock rise 723% in the first week after its initial public offering on the Shanghai Stock ... ( read original story ...)
Chinese AI unicorns MiniMax and Zhipu said to be eyeing imminent Hong Kong IPOs
Tencent Holdings (TCEHY) and others, plans for its IPO to take place as soon as January, people familiar with the matter told Bloomberg. The listing could raise hundreds of millions of dollars, they ... ( read original story ...)
Chinese AI unicorns MiniMax and Zhipu said to target Hong Kong IPOs soon — Bloomberg
Zhipu, which is also backed by the tech giants Alibaba, Tencent and several more, is targeting a listing by around that time too, the people said. Bloomberg News reported in July that Zhipu was ... ( read original story ...)
Shanghai Junshi Biosciences chairman increases shareholding to boost market position
The latest update is out from Shanghai Junshi Biosciences Co., Ltd. Class H ( ($HK:1877) ). Shanghai Junshi Biosciences Co., Ltd. announced that ... ( read original story ...)
China’s $620 Billion Chip IPO Frenzy Could Upend the AI Race
Investor attention in China's semiconductor space is shifting rapidly after Moore Threads' powerful first day of trading, which surged 425% and positioned the company as a potential local challenger ... ( read original story ...)