CXMT overtakes Tencent as China’s most valuable listed company
CXMT Corporation, a Chinese DRAM maker, overtook Tencent on Aug. 13 to become China’s most valuable listed company by market capitalization. CXMT’s market value reached about RMB3.54 trillion, compared with Tencent’s roughly HK$4.01 trillion, or about RMB3.45 trillion. CXMT went public on Shanghai’s STAR Market on July 27 at RMB8.66 a share. It opened at […]
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CXMT overtakes Tencent as China’s most valuable listed company: CXMT Corporation, a Chinese DRAM maker, overtook Tencent on Aug. 13 to become China’s most valuable listed company by market capitalization. CXMT’s market value reached about RMB3.54 trillion, compared with Tencent’s roughly HK$4.01 trillion, or about RMB3.45 trillion. CXMT went public on Shanghai’s STAR Market on July 27 at RMB8.66 a share. It opened at […]