Chinese AI Chip Designer Moore Threads Plans Hong Kong Listing
Moore Threads, a Chinese AI chip designer, is planning a Hong Kong listing after reporting a significant 147% jump in its first-half revenue. This move signals the company's ambition for further growth and capital acquisition.
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China AI Chip Designer Moore Threads Plans Hong Kong Listing
Artificial intelligence chipmaker Moore Threads Technology Co. said it plans to list in Hong Kong at an “appropriate time” after its shares have surged more than 420% since their Shanghai debut last year.
By Bloomberg News
Read full article →Moore Threads plans Hong Kong listing after posting 147% jump in first-half revenue
Chinese artificial intelligence (AI) chip developer Moore Threads plans to seek a listing in Hong Kong after reporting a 147 per cent jump in first-half revenue, as the Nvidia challenger seeks fresh capital amid booming demand for home-grown computing power. The Shanghai-listed company said on Sunday that its board had approved a plan to issue H shares and list on the main board of the Hong Kong stock exchange, a move designed to deepen the firm’s “international strategic footprint”, attract ...
By Howard Liu,Coco Feng
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