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The Nexus
BUSINESSJul 27 · 11:40 UTCQUARTZCris Tolomia

China's CXMT soared 466% on its first day of trading after a record memory chip IPO

China's CXMT surged 466% on its first day of trading after raising $8.6 billion in Asia's largest IPO this year, making it the most valuable listed company in China surpassing ICBC.

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