🇨🇳Moore Threads (摩尔线程) approved a proposed Hong Kong H-share listing, still requiring shareholder and regulatory approvals; terms remain unset.

Moore Threads (摩尔线程) said its board had approved proposals to issue overseas-listed foreign shares, or H-shares, and seek a listing on the Hong Kong Stock Exchange’s Main Board. This was a board authorization, not a completed offering or an approved Hong Kong listing.

The proposal must still be considered by shareholders. It also requires filings, approvals and/or authorizations from the relevant governmental and regulatory authorities.

Moore Threads said it would choose an appropriate timing and issuance window within the validity period of the shareholder resolution, or another period extended by shareholders. The number of shares, offering price, proceeds, underwriters and expected timetable had not been determined.

The company expressly stated that implementation remained subject to substantial uncertainty. The disclosure therefore establishes a proposed capital-markets process rather than a committed financing.