DZUG (01635) surged over 13%, rising 13.54% to HK$3.27 with trading volume reaching HK$230 million as of press time.

On the news front, the Shanghai Stock Exchange official website shows that Moore Threads' IPO application has successfully passed review. According to disclosures, Moore Threads plans to raise 8 billion yuan through its IPO, and if successfully listed within the year, it would become the largest IPO on the STAR Market this year.

DZUG previously indicated on interactive platforms that the company holds stakes in Shenzhen Capital Group, which along with its funds holds shares in Unitree Technology. It is reported that Moore Threads received investments from multiple institutions including Shenzhen Capital Group after its establishment.

Public information shows that DZUG is an investment holding company operating in both public utilities and venture capital investment. Venture capital business represents a significant business segment and profit source for DZUG, with the company holding a 10.80% stake in Shenzhen Capital Group.

Additionally, according to the latest data from the Hong Kong Stock Exchange, Barclays PLC increased its holdings in DZUG by 25.742 million shares on September 22, at an average price of HK$3.4417 per share, with a total value of approximately HK$88.5962 million. Following the increase, the latest shareholding stands at 27.705 million shares, representing 5.19% of total shares.