Key highlights: CXMT jumped over 500% on its first day of trading in Shanghai. Nomura set a 116 yuan ($17.14) price target, implying a potential 1,239% gain. China’s push for chip independence is expected to drive future growth for the stock. Chinese memory chipmaker Changxin Technology Group made a stunning debut on Shanghai’s STAR Market. […]
Tag: CXMT
By Emir Abyazov Bitcoin, for the first time in history, completed a cycle in which the cryptocurrency market suffered a loss one year after the halving, breaking the four-year cycle pattern that had existed for over a decade. This event symbolized a fundamental transformation of the cryptocurrency market, where institutional players and macroeconomic factors now […]