CXMT Becomes China's Most Valuable Listed Company After Memory Chipmaker Surges 500% on Debut
China's ChangXin Memory Technologies surged more than 500% in its Shanghai debut, becoming China's most valuable listed company.
A Chinese computer chip company just got listed on the stock market and its price jumped way up, making it worth more than other big Chinese companies. When a new company shoots up this fast, watch whether it keeps its value or if people got too excited at first.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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