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The Nexus
BUSINESSJul 27 · 09:20 UTCWTOP DCWTOP Staff

Oil prices sink nearly 7% and world shares gain as Chinese chipmaker CXMT soars in Shanghai debut

Oil prices fell nearly 7% and global shares rose as tensions between the U.S. and Iran eased. Chinese memory chipmaker CXMT's shares surged 466% on their Shanghai debut, making it China's most valuable listed company with a $490 billion market cap.

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