China's answer to Nasdaq gets a giant: Chip giant CXMT listing lifts STAR Market
Part of composite article CXMT’s 531% Shanghai Debut Just Made It China’s Most Valuable Chip Firm—and a Global Threat View full article →
SHANGHAI – China's STAR Market, the countrys answer to the Nasdaq, just got a major boost. CXMT, a leading Chinese chipmaker, has announced its listing on the tech-focused board. The move is expected to bring billions of dollars in new investment and raise the profile of the exchange, which was launched in 2019 to fund homegrown technology companies. CXMT's arrival signals that the STAR Market is now a serious player in global finance, capable of hosting the country's most critical semiconductor firms.