TechMeme July 26, 2026
CXMT is poised for a debut pop that could lift its market cap several times above its initial ~$85B after raising $9.8B in a hugely oversubscribed Shanghai IPO (Bloomberg)
CXMT Corp is set to debut with a potential market cap increase. The company raised $9.8B in a Shanghai IPO. Its initial market cap is ~$85B.