On December 5, 2025, Moore Threads (688795.SH) made its much-anticipated debut on the STAR Market. The stock opened with a remarkable 468.78% surge, priced at 650 yuan per share. With this surge, the company's market capitalization soared past the 300 billion yuan mark, and investors enjoyed a profit of nearly 270,000 yuan per trading lot. Moore Threads is mainly involved in the research and development, design, and marketing of GPUs and associated products. During this initial public offering, the company successfully raised close to 8 billion yuan. These funds are earmarked for advancing chip R&D endeavors and bolstering working capital.
