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CXMT debuts on Shanghai Stock Exchange with 466% surge, reaching $488 billion valuation

Chinese DRAM manufacturer CXMT completed its IPO on the Shanghai Stock Exchange, raising 66.6 billion yuan and achieving a market capitalization of 3.3 trillion yuan. The valuation makes it the largest listed firm on the A-share market, reflecting intense investor demand for domestic semiconductor and AI-linked assets.

Valor Econômicoabout 17 hours agoCNCredibility 45%View source

Score Breakdown

Mosaic Score10.0
Confidence0.9
Significance0.8
Source credibility0.5

Intelligence Tags

#ipo#semiconductors#dram#china#equities

Locations

Shanghai

Entities

countrymarket
Source

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