Cxmt IPO
Latest news, explainers and analysis on Cxmt IPO. Tracking 2 stories on Arth Vani.
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Latest on Cxmt IPO
IPOCXMT Shares Surge 466% on Shanghai Debut, Becomes China's Most Valuable Firm
Chinese chipmaker CXMT Corp witnessed a massive 466% jump in its share price during its Shanghai trading debut, making it Asia's largest IPO of the year. The surge has propelled the company to become China's most valuable listed firm, overtaking major traditional banks.
IPOCXMT Shares Surge 500% in Shanghai Debut After Asia’s Largest IPO
Chinese chipmaker CXMT Corp saw its stock price skyrocket by 500% on its first day of trading on the Shanghai Stock Exchange. The company’s market valuation has now reached 3.65 trillion yuan (approx. ₹42.5 lakh crore), overtaking major banks like ICBC.
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