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Story summary
- Moore Threads Technology Co., a Chinese AI chipmaker, debuted on the Shanghai Stock Exchange on December 5, 2025, with shares rising up to 502% from 114.28 yuan, and it plans to invest IPO proceeds into next-generation AI and graphics chips.
- The IPO raised 8 billion yuan.
- The deal was oversubscribed by over 4,000 times, amid United States export restrictions.
