What was the performance of Moore Threads Technology's IPO?

Moore Threads Technology's shares surged more than fivefold in their Shanghai trading debut.

How much profit did High-Flyer Quantitative Fund make?

High-Flyer Quantitative Fund realized a profit of nearly 40 million yuan from its investment in Moore Threads.

How much did Moore Threads Technology raise in its IPO?

Moore Threads Technology raised approximately 8 billion yuan in its initial public offering.

Home / Business and Economy / Moore Threads IPO Skyrockets, Delivering Millions

Moore Threads IPO Skyrockets, Delivering Millions

9 Dec

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Summary

Moore Threads shares surged over fivefold in Shanghai debut.
High-Flyer Quantitative Fund netted nearly 40 million yuan.
Moore Threads raised 8 billion yuan in its IPO.

Moore Threads IPO Skyrockets, Delivering Millions

The recent initial public offering of chip designer Moore Threads Technology on the Shanghai stock exchange resulted in a dramatic fivefold surge in its share price during its trading debut. This impressive performance has yielded significant returns for early investors.

Among the beneficiaries is High-Flyer Quantitative Fund, co-founded by DeepSeek CEO Liang Wenfeng. The fund's investment in Moore Threads shares has resulted in a profit nearing 40 million yuan. Moore Threads successfully raised about 8 billion yuan through its IPO, which stands as the second-largest listing on the mainland this year.

The company's rapid path to the market and strong investor interest underscore China's strategic focus on achieving technological self-sufficiency, a key component of its national development plans through 2030. Despite remaining unprofitable, Moore Threads aims for profitability by 2027.

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