Tag: china chipmaker
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China chipmaker CXMT’s shares surge 470% in Shangai trading debut
SHANGHAI: Shares of CXMT Corp surged nearly 470 per cent at their Shanghai debut on Monday (Jul 27) after Asia’s biggest IPO this year, catapulting the chipmaker to the top of China’s stock market by valuation despite a recent selloff in global tech stocks.The stock began trading at 49.50 yuan compared to its
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