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CXMT IPOs at $487bn valuation

What happened

CXMT opened its Shanghai IPO up 472% with a $487bn valuation. Retail oversubscription was 212x, and the company has raised prices to match market leaders. Bullish signal indicating strong demand and pricing power.

Impact and signal

High impactImpact score: 98/100

Affected components and suppliers

shortageprice-hikeIPO

Source and time

Source: Electronics Weekly · 7/26/2026 · View original source

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