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STOCKS | CXMT Could Rally 1,239%, Nomura Says

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2026-07-27 04:31:20
Nomura Holdings Inc. said China memory-chip maker CXMT Corp. could extend its blockbuster market debut to rally 1,239% from its initial public offering price as it gains market share over time, according to Bloomberg.

The brokerage's view points to continued upside in the stock after its listing.
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