Moore Threads Soars While Dawning Information Hits Limit Down: A Tale of Two Extremes in A-Share Computing Power Sector

Deep News12-10

The A-share computing power sector witnessed starkly contrasting performances as Moore Threads Technology Co.,Ltd. (688795) surged while Dawning Information Industry Co.,Ltd. (603019) plunged to the daily limit down.

The divergent movements highlight the volatile nature of China's computing power sector, where emerging players and established firms experience radically different market reactions. Moore Threads, representing the new generation of computing technology firms, saw its stock price skyrocket. Meanwhile, veteran player Dawning Information suffered heavy selling pressure that drove its shares to hit the 10% downward trading limit.

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