Why the Moore Threads IPO is a Litmus Test for China’s Tech Sector
The 425% rally of Moore Threads is more than just a successful first day of trading; it is a statement of intent. The listing, which was oversubscribed by a factor of 2,700, reveals that capital is aggressively chasing exposure to China’s self-sufficiency drive, even as the broader market remains quiet. Investors appear willing to overlook…
