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Over 500% jump! Why CXMT skyrocketed on stock market debut to become China’s most valuable listed company
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China's largest DRAM chipmaker, ChangXin Memory Technologies (CXMT), raised 57.92 billion yuan ($8.6 billion) in Asia's biggest IPO this year, debuting at 8.66 yuan per share and becoming China's most valuable listed company with over 500%…
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Over 500% jump! Why CXMT skyrocketed on stock market debut to become China’s most valuable listed company
The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.
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