CXMT posted 90.1 billion yuan in single-day trading volume on its debut, setting a new A-share record. The stock opened at 49.5 yuan/share, up 471.59% from its 8.66 yuan IPO price, pushing its market cap past 3.3 trillion yuan. Turnover exceeded 50%, with one lot (500 shares) yielding over 20,000 yuan in paper profit. As China's only integrated IDM DRAM manufacturer, CXMT's debut ignited strong market sentiment. Nomura issued a 116 yuan/share price target, implying over 1,200% upside from the IPO price. Gate's CXMTUSDT perpetual contract is now trading with up to 10x leverage for both long and short positions. 👉Trade now










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