CXMT is poised for a debut pop that could lift its market cap several times above its initial ~$85B after raising $9.8B in a hugely oversubscribed Shanghai IPO (Bloomberg)

3 hours ago 1
Add to circle

Bloomberg:
CXMT is poised for a debut pop that could lift its market cap several times above its initial ~$85B after raising $9.8B in a hugely oversubscribed Shanghai IPO  —  Investor excitement over the memory chip trade is setting outsize expectations for the Shanghai debut of CXMT Corp. …

Read Entire Article