The 59-year-old chairman and CEO of the Beijing-based firm has amassed a fortune of $4.3 billion based on his stake in the company, according to Forbes estimates. Moore Threads raised 8 billion yuan ($1.1 billion) in late November by selling 70 million shares at 114.28 yuan apiece, according to its prospectus.

By Samuel Shen, Jiaxing Li and Rae Wee SINGAPORE/SHANGHAI, Dec 1 (Reuters) - Fund managers are picking Chinese industrial stocks and holding volatile tech shares, betting a two-year-old equities rally can withstand an economic rough patch,

Shares of chipmaker Moore Threads Technology, dubbed China's Nvidia (NASDAQ: NVDA), rose as much as 502% as it debuted in Shanghai on Friday.

Investor hype over Chinese robotics stocks is giving way to deepening unease, with the latest government warning against a potential bubble bringing fresh scrutiny to the sector’s lofty valuations.

Jiangxi Copper's shares in Hong Kong rose 2.0%, trimming an earlier gain of 5.0%, while its China stock added 3.1%. Hong Kong-listed MMG, which is majority owned by state-owned China Minmetals, was recently 0.9% higher after rising 6.0% earlier.

AI generates code. AI favors straightforward, free databases like PostgreSQL. Consequently, intricate, costly platforms such

The company produced more cars in China in November, bouncing back from a relatively weak October. Sales in Germany were less bad than recently.