CXMT Jumps 472% in Shanghai Debut After $9.8 Billion IPO
2026-07-27 01:30:03
CXMT Corp. shares rose 472% on their first day of trading in Shanghai on Monday after the chipmaker raised as much as 66.6 billion yuan, or $9.8 billion, in the second-largest initial public offering in China’s history, according to Bloomberg.
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