CXMT, which raised $9.8B in a hugely oversubscribed Shanghai IPO, is poised for a debut pop that could lift its market cap several times above its initial ~$85B (Bloomberg)
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5-Axis Cultural Radar
Bloomberg : CXMT, which raised $9.8B in a hugely oversubscribed Shanghai IPO, is poised for a debut pop that could lift its market cap several times above its initial ~$85B — Investor excitement over the memory chip trade is setting outsize expectations for the Shanghai debut of CXMT Corp. …
