China In Photos: China's leading memory chipmaker CXMT shares soar in record IPO debut
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Chinese memory chipmaker CXMT debuted on Shanghai’s STAR Market, with its shares jumping more than 470% on the first day of trading. The surge made it the most valuable listed company in mainland China, marking the largest IPO in the country since 2010.
Chinese memory chipmaker ChangXin Memory Technologies (CXMT) closed at 49 yuan (about $7.22) on its Shanghai STAR Market debut Monday, up 465.82 percent from its IPO price of 8.66 yuan, with full-day turnover surpassing 140 billion yuan. ...
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