China’s AI chip stocks face crucial test as MetaX lock-up period expires

China's AI chip sector is anticipating significant selling pressure on MetaX Integrated Circuits shares this Thursday. This comes as a lock-up period for 14 million MetaX shares expires, allowing them to be traded. Analysts predict this release will lead to substantial sales, similar to what occurred last week with AI chip firm Moore Threads. The expiry of Moore Threads' lock-up period resulted in a rapid decline in its market value, wiping out nearly 49 billion yuan. This event highlights concerns about potential volatility in China's AI chip stock market following the release of restricted shares.