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CXMT is poised for a debut pop that could lift its market cap several times above its initial ~$85B after raising $9.8B in a hugely oversubscribed Shanghai IPO (Bloomberg)

Bloomberg:
CXMT is poised for a debut pop that could lift its market cap several times above its initial ~$85B after raising $9.8B in a hugely oversubscribed Shanghai IPO  —  Investor excitement over the memory chip trade is setting outsize expectations for the Shanghai debut of CXMT Corp. …



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