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CXMT Unveils IPO Pricing, Experts Advocate for a Rational Perspective on Enterprise Innovation and Growth Potential
1 week ago /
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Author：小编
On the evening of July 14, CXMT disclosed its IPO issuance plans and released a preliminary inquiry announcement, establishing the issue price at RMB 8.66 per share. Based on this valuation, its market capitalization upon listing is projected to hit RMB 579.188 billion. In light of this issue pricing, some investors are left wondering if the previously anticipated market capitalization of one trillion yuan has fallen short of expectations. Market analysts highlight that CXMT's issue pricing takes into full account the current standing of the company, and its valuation should incrementally rise in tandem with the company's expansion, truly reflecting the principle of 'long-termism'.
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