CXMT Corp shares surged 466 percent on their Shanghai trading debut. This IPO became Asia’s largest this year, boosting the chipmaker’s valuation. The company is now China’s most valuable listed firm, surpassing a major bank. Investor interest stems from exposure to the current memory supercycle. This strong performance occurred despite recent global tech stock selloffs.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.