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Home›US Markets›IPOs›CXMT shares surge after Shanghai debut

CXMT shares surge after Shanghai debut

CXMT closed its first day of trading with a market capitalization of $85 billion, after shares jumped roughly fivefold at the open.

Reported · Written up by our desk · IPOs

MarketWatch reports that Chinese chip maker CXMT saw its shares surge around fivefold on its first day of trading in Shanghai.

The outlet said CXMT closed the session with a market capitalization of $85 billion.

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Sources

MarketWatchFivefold increase for Chinese chip maker CXMT in Shanghai debut
MarketWatchFivefold increase for Chinese chip maker CXMT in Shanghai debut

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