Overview
- The first trading day surge valued Moore Threads at nearly $40 billion on Shanghai’s STAR Market, according to Bloomberg.
- Bloomberg’s Billionaires Index estimated CEO Zhang Jianzhong’s stake at more than $4.3 billion.
- Senior executives Zhang Yubo, Zhou Yuan, and Wang Dong were each valued at roughly $1.7 billion, $1.4 billion, and $1.4 billion, respectively.
- The IPO’s demand tracks a broader 2025 rally in domestic tech, with the Sci‑Tech 50 up about 34% and Cambricon’s market value doubling.
- Moore Threads and Zhang Jianzhong have not commented on the IPO and wealth estimates reported by Bloomberg.