Elite company: the listed firms that were China’s most valuable before CXMT
Culture Index
Score Breakdown
Relevance
9/25
Freshness
25/25
Authority
18/20
Brand Signal
11/15
Depth
6/15
5-Axis Cultural Radar
After soaring 466 per cent in its Shanghai trading debut on Monday, ChangXin Memory Technologies (CXMT) became the most valuable company on mainland China’s stock market – the first semiconductor firm to hold the top spot in the market’s 35-year history. The state-backed maker of memory chips saw its market capitalisation surpass 4 trillion yuan (US$592 billion) on Friday amid a broader chip stock
