CXMT shares soared more than 500% in their trading debut, making it the most valuable public Chinese company ahead Tencent, worth . This is interesting because it shows again the hype around AI related technology and it also shows the market trying to reduce shortages.
Chinese chip champion CXMT soars more than 500% in market debutTech group becomes China’s most valuable listed company in mainland’s biggest IPO since 2010giftarticle.ft.com