China memory chipmaker CXMT’s shares soar in a blockbuster share listing in Shanghai

HONG KONG (AP) — Shares of CXMT, China’s largest memory chipmaker, soared Monday after they began trading in Shanghai in mainland China’s biggest initial public stock offering in recent years. CXMT’s shares surged 472% and were trading up 462% by early afternoon. It has become the most valuable com...

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