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Over 500% jump! Why CXMT skyrocketed on stock market debut to become China’s most valuable listed company
A Chinese company has just debuted on the stock market with a 500% gain after raising a record number in Asia’s biggest public offering so far this year. Meet China's CXMT - it’s the country’s most valuable listed company - a chipmaker riding on the artificial intelligence wave.
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global.chinadaily.com.cn
CXMT debuts as most valuable A-share stock, surpassing Intel in market value
China's leading memory chipmaker, ChangXin Memory Technologies, made a blockbuster debut on Shanghai's STAR Market on Monday, becoming the most valuable stock on China's A-share…
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forbes.com
Memory Chipmaker CXMT Soars 466% On Debut—Becomes China’s Most Valuable Company
CXMT is China’s biggest memory chipmaker and its debut comes amid an AI-driven demand boom that has boosted the stock price of its rivals Micron, Samsung and SK Hynix.
