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China’s leading Nvidia rival Moore Threads surges 411% in first trades after STAR‑Market listing
Dec 5, 2025
< 1 min read
by Jai Hamid
for CryptoPolitan
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Moore Threads hit the Shanghai STAR Market on Friday, and the stock surged by an astonishing 411% in the first session. The price rose from an IPO level of 114.28 yuan straight to 584.98 yuan. Moore Threads is now China’s second‑largest onshore IPO of the year, after Huadian New Energy Group’s $2.7 billion deal in […]
