Something unusual has been happening in the Chinese semiconductor market. The Moore Threads Technology IPO, which raised roughly $1.1 billion on the Shanghai STAR Market in December 2025, saw its shares surge more than 400% on the first day of trading — a gain that would look extraordinary even by the standards of the most frenzied tech bull markets. And it wasn’t even the most dramatic debut of the month.
Key takeaways
Moore Threads Technology raised $1.1B in its Shanghai IPO, with shares surging over 400% on day one.
MetaX Integrated Circuits posted a nearly 700% first-day gain in mid-December 2025, with thousands-fold oversubscription.
Six Chinese AI and chip firms raised a combined $3.6B in Hong Kong in January 2026 alone — 60% more than all Hong Kong IPOs in Q1 2025.
South Korea’s KOSPI index has roughly tripled year-on-year, driven almost entirely by Samsung Electronics and SK Hynix, which together make up 40% of the index.
Sharp pullbacks of 8–10% and tra
We współpracy z: https://en.cryptonomist.ch/2026/06/26/moore-threads-technology-ipo/
