CXMT Corp's stock soared 500% on its first day on the Shanghai Stock Exchange, achieving a market capitalisation of 3.65 trillion yuan, surpassing ICBC. This leap underscores CXMT's importance in bolstering China's chip industry amid growing US semiconductor restrictions.
CXMT Corp's stock soared 500% on its first day on the Shanghai Stock Exchange, achieving a market capitalisation of 3.65 trillion yuan, surpassing ICBC. This leap underscores CXMT's importance in bolstering China's chip industry amid growing US semiconductor restrictions.
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