Chinese Chipmaker Shares Soar Nearly 470% in Blockbuster Market Debut
Shares in China’s biggest memory chip maker have soared by nearly 470% after making a blockbuster debut on the Shanghai Stock Exchange’s technology-focused Star Market. The rally lifted ChangXin Memory Technologies’ (CXMT) market value to around 3.3 trillion yuan ($487bn; £365bn), making it the most valuable listed company in mainland China. The spectacular debut comes […]
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