{"id":155205,"date":"2026-07-27T09:24:12","date_gmt":"2026-07-27T09:24:12","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=155205"},"modified":"2026-07-27T09:24:12","modified_gmt":"2026-07-27T09:24:12","slug":"cxmt-surge-shows-why-china-stock-buyers-see-ipos-as-one-way-bet","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=155205","title":{"rendered":"CXMT surge shows why China stock buyers see IPOs as one-way bet"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChipmaker CXMT surged more than fivefold on its Shanghai trading debut to become the largest mainland-listed company by market value as the artificial intelligence boom stokes demand for memory chips.<br \/>\nThe stock closed at 49 yuan, versus a sale price of 8.66 yuan. That gave the Hefei-based company a market capitalisation of 3.3 trillion yuan, surpassing Industrial and Commercial Bank of China. It traded as high as 55.03 yuan during the day on the tech-heavy Star Market.<br \/>\nCXMT raised 57.92 billion&#8230;<a href=\"https:\/\/www.scmp.com\/plus\/tech\/big-tech\/article\/3361997\/cxmt-surge-shows-why-china-stock-buyers-see-ipos-one-way-bet?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChipmaker CXMT surged more than fivefold on its Shanghai trading debut to become the largest mainland-listed company by market value as the artificial intelligence&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/155205"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=155205"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/155205\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=155205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=155205"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=155205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}