MetaX Integrated Circuits Shanghai Co. plans Hong Kong share listing to ride chip stock boom
The Chinese GPU maker founded by former AMD executives is eyeing a secondary listing in Hong Kong just months after a blockbuster Shanghai IPO
Advanced Micro Devices Inc. (AMD) price
Full chart and statsLoading chart…
- Last close
- $531
- Close-to-close change
- +2.8%
- Market cap
- Unavailable: the share count source keeps no filing date
- P/E (trailing)
- Unavailable: trailing earnings keep no period or filing date
- Annual revenue
- Unavailable: no annual filing figure
- Annual revenue growth
- Unavailable: no annual filing figure
- Annual net income
- Unavailable: no annual filing figure
- Annual operating margin
- Unavailable
- Forward P/E
- Unavailable: no dated forecast source
Gloria daily close for session Oct 26, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article.
Token vs underlying stock
Current comparison for AMD. Historical observations may postdate this article.
AMDx token unit vs AMD share · USD
+9.7% over displayed period
● AMDx token┄ AMD stock: $531.28
Source: CoinGecko + Gloria · Retrieved Oct 27, 23:15 UTC · Delayed
Methodology and data
Split-adjusted regular-session stock closes from the existing Gloria shared history, paired only with an observed token price within 45 minutes of 16:00 New York time. Up to 60 matched sessions. No interpolation or missing-date fill. Weekends and known early closes are omitted. Token units are not adjusted for issuer multipliers or dividend treatment. This compares quoted prices, not fair value, executable premiums or arbitrage returns. Solid line: token. Dashed line: stock. Exact quote times and values appear below. Historical observations. Retrieval refers to the token source. Token quote times use UTC. The fixed cohort shows its oldest member fetch.
| Date (UTC) | Token (USD) | Stock close (USD) | Token quote (UTC) |
|---|---|---|---|
| 2026-08-03 | 484.56 | 484.64 | 2026-08-03 20:00 |
| 2026-08-04 | 521.75 | 518.58 | 2026-08-04 20:00 |
| 2026-08-05 | 487.24 | 482.05 | 2026-08-05 20:00 |
| 2026-08-06 | 489.75 | 489.28 | 2026-08-06 20:00 |
| 2026-08-07 | 483.12 | 483.36 | 2026-08-07 20:00 |
| 2026-08-10 | 470.08 | 469.56 | 2026-08-10 20:00 |
| 2026-08-11 | 469.58 | 474.32 | 2026-08-11 20:00 |
| 2026-08-12 | 486.62 | 482.93 | 2026-08-12 20:00 |
| 2026-08-13 | 483.55 | 483.01 | 2026-08-13 20:00 |
| 2026-08-14 | 513.09 | 514.39 | 2026-08-14 20:00 |
| 2026-08-17 | 505.47 | 506.00 | 2026-08-17 20:00 |
| 2026-08-18 | 482.45 | 484.39 | 2026-08-18 20:00 |
| 2026-08-19 | 466.15 | 466.42 | 2026-08-19 20:00 |
| 2026-08-20 | 467.56 | 469.46 | 2026-08-20 20:00 |
| 2026-08-21 | 473.60 | 473.25 | 2026-08-21 20:00 |
| 2026-08-24 | 457.55 | 456.75 | 2026-08-24 20:00 |
| 2026-08-25 | 479.41 | 479.18 | 2026-08-25 20:00 |
| 2026-08-26 | 480.52 | 480.93 | 2026-08-26 20:00 |
| 2026-08-27 | 474.81 | 476.67 | 2026-08-27 20:00 |
| 2026-08-28 | 465.95 | 465.58 | 2026-08-28 20:00 |
| 2026-08-31 | 470.18 | 470.72 | 2026-08-31 20:00 |
| 2026-09-01 | 459.91 | 459.61 | 2026-09-01 20:00 |
| 2026-09-02 | 459.21 | 457.06 | 2026-09-02 20:00 |
| 2026-09-03 | 444.08 | 456.16 | 2026-09-03 20:00 |
| 2026-09-04 | 476.62 | 477.57 | 2026-09-04 20:00 |
| 2026-09-08 | 500.35 | 505.74 | 2026-09-08 20:00 |
| 2026-09-09 | 519.73 | 521.10 | 2026-09-09 20:00 |
| 2026-09-10 | 503.99 | 503.60 | 2026-09-10 20:00 |
| 2026-09-11 | 514.38 | 516.13 | 2026-09-11 20:00 |
| 2026-09-14 | 481.66 | 493.41 | 2026-09-14 20:00 |
| 2026-09-15 | 504.27 | 504.20 | 2026-09-15 20:00 |
| 2026-09-16 | 512.46 | 512.50 | 2026-09-16 20:00 |
| 2026-09-17 | 545.14 | 545.09 | 2026-09-17 20:00 |
| 2026-09-18 | 557.88 | 559.82 | 2026-09-18 20:00 |
| 2026-09-21 | 615.34 | 615.52 | 2026-09-21 20:00 |
| 2026-09-22 | 622.08 | 623.77 | 2026-09-22 20:00 |
| 2026-09-23 | 613.66 | 614.61 | 2026-09-23 20:00 |
| 2026-09-24 | 629.06 | 629.26 | 2026-09-24 20:00 |
| 2026-09-25 | 630.70 | 630.63 | 2026-09-25 20:00 |
| 2026-09-28 | 607.85 | 607.87 | 2026-09-28 20:00 |
| 2026-09-29 | 607.09 | 607.57 | 2026-09-29 20:00 |
| 2026-09-30 | 611.52 | 611.76 | 2026-09-30 20:00 |
| 2026-10-01 | 616.95 | 615.73 | 2026-10-01 20:00 |
| 2026-10-02 | 633.03 | 633.91 | 2026-10-02 20:00 |
| 2026-10-05 | 630.87 | 631.75 | 2026-10-05 20:00 |
| 2026-10-06 | 648.78 | 649.42 | 2026-10-06 20:00 |
| 2026-10-07 | 645.86 | 645.86 | 2026-10-07 20:00 |
| 2026-10-08 | 620.92 | 620.68 | 2026-10-08 20:00 |
| 2026-10-09 | 607.57 | 608.10 | 2026-10-09 20:00 |
| 2026-10-12 | 593.94 | 594.24 | 2026-10-12 20:00 |
| 2026-10-13 | 605.81 | 605.53 | 2026-10-13 20:00 |
| 2026-10-14 | 571.93 | 570.82 | 2026-10-14 20:00 |
| 2026-10-15 | 562.54 | 562.23 | 2026-10-15 20:00 |
| 2026-10-16 | 530.05 | 528.75 | 2026-10-16 20:00 |
| 2026-10-19 | 538.50 | 538.05 | 2026-10-19 20:00 |
| 2026-10-20 | 534.45 | 534.74 | 2026-10-20 20:00 |
| 2026-10-21 | 553.67 | 552.72 | 2026-10-21 20:00 |
| 2026-10-22 | 508.65 | 507.93 | 2026-10-22 20:00 |
| 2026-10-23 | 515.90 | 516.79 | 2026-10-23 20:00 |
| 2026-10-26 | 531.61 | 531.28 | 2026-10-26 20:00 |
Stock history: Gloria · Retrieved Oct 27, 00:32 UTC. Token history: CoinGecko AMDx.
Quoted token and share units can have different rights, multipliers and dividend treatment. This is not an executable premium or arbitrage signal.
MetaX Integrated Circuits, a Chinese GPU designer that saw its shares explode nearly 700% on debut day in Shanghai, is now setting its sights on Hong Kong. The company announced on June 12 its intention to pursue a secondary listing on the Hong Kong exchange, a move that would give it access to international capital markets at a time when appetite for AI chip stocks is running hot.
For a company that raised approximately 4.2 billion yuan, roughly $596 million, in its Shanghai STAR Market debut back in December 2025, the Hong Kong listing represents the next logical step in building a global profile.
From AMD alumni to AI chip contender
MetaX was founded in September 2020 by former AMD executives, including CEO Chen Weiliang. The company’s core business revolves around designing GPUs tailored for AI training, inference, and graphics rendering.
The company’s Shanghai IPO priced shares at 104.66 yuan each. On the first day of trading, shares opened at 700 yuan, hit an intraday high of 895 yuan, and closed at 829.90 yuan. That’s a gain of approximately 693% from the IPO price. The offering was oversubscribed thousands of times.
Shares have since cooled somewhat from those debut highs and were recently trading in the 694 to 698 yuan range.
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Why Hong Kong, why now
A secondary listing in Hong Kong serves multiple purposes. It opens the door to international institutional investors who may not have access to Shanghai’s STAR Market. It provides a platform denominated in a freely convertible currency.
No specific timeline or valuation target for the Hong Kong offering has been disclosed.
What this means for investors
MetaX is still a young company operating in a sector where the technical barriers to true competitiveness are enormous. A 693% first-day pop is exciting, but it also prices in a lot of future success that hasn’t happened yet.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

