Memory Chipmaker CXMT Soars 500% In The Wildest Shanghai Debut Yet
Shares of CXMT surged more than 500% on their Shanghai debut Monday, lifting the Chinese memory chipmaker's market value to $539 billion, or 3.65 trillion yuan. Key Points: CXMT touched 54.65 yuan intraday against an IPO price of 8.66 yuan, overtaking Industrial and Commercial Bank of China as the m
