DeepSeek founder Liang Wenfeng cleans up on chip firm Moore Threads’ Shanghai IPO

Dec 8, 2025

Chinese entrepreneur Liang Wenfeng, the founder and CEO of DeepSeek, appears to have made a big score from the initial public offering of chip designer Moore Threads Technology, whose shares surged more than fivefold in its trading debut in Shanghai. High-Flyer Quantitative Fund, a hedge fund co-founded by Liang, had subscribed to a total of 82,244 shares of Moore Threads, at 114.28 yuan per share, via two entities: Zhejiang High-Flyer Asset Management and Ningbo High-Flyer Quant Investment...

Frontal Report

Frontal Report is an emerging leader in all forms of media. We aim to be the leading news brand for readers around the world.