BUSINESSMARKETWATCH
Fivefold increase for Chinese chip maker CXMT in Shanghai debut
CXMT, a Chinese chip maker, saw a fivefold increase in its stock price on its debut in Shanghai. The company closed its first day of trading with a market capitalization of $85 billion.
Related Signal
Adjacent reporting
- China memory chipmaker CXMT skyrockets 470% in Shanghai debut
- China memory chipmaker CXMT's shares soar in a blockbuster share listing in Shanghai
- CXMT surge shows why China stock buyers see IPOs as one-way bet
- Chinese chipmaker CXMT soars almost 500% in market debut
- China memory chipmaker CXMT’s shares soar in a blockbuster share listing in Shanghai
- China memory chipmaker CXMT's shares soar in a blockbuster share listing in Shanghai