Moore Threads

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Moore Threads approves Hong Kong listing plan as China's GPU makers rush to public markets

Approved plan to list H shares in Hong Kong

Moore Threads sells graphics chips that most foreign investors have had no easy way to buy into. On Sunday, its board approved a plan to change that, backing a share sale on the Hong Kong Stock Exchange on top of its existing Shanghai listing.

Updated Aug 10

China's $300 billion chip independence gamble

New Capabilities

Listed on Shanghai STAR Market in January 2026 with 400%+ debut surge

Biren Technology's shares surged 76% on January 2, 2026, raising $717 million in Hong Kong—the first GPU chipmaker to list this year. Despite losing $1.6 billion annually and facing US export bans, investors oversubscribed 2,348 times; rivals Moore Threads and MetaX followed with Shanghai IPOs that surged 400% and 700%.

Updated May 19