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CX Technology's stock price rose by 12%, reaching a new high, with its market value surpassing 4 trillion yuan to become the "market cap leader" in A-shares.
svmuu.com17/08/2026 12:13
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CXMT closed up 12% today, with its total market capitalization once again exceeding 4 trillion RMB, surpassing Tencent on the Hong Kong stocks to become the "market cap leader" in A-shares. Huacheng Securities initiated coverage with a "Strong Buy" rating and a target price of 72.97 yuan; Guosheng Securities initiated coverage with a "Buy" rating. Both institutions pointed out that the company is in a triple resonance phase of domestic substitution, AI hashrate expansion, and an upward storage cycle coupled with capacity expansion, which significantly strengthens its growth certainty.
Source：华尔街见闻 · Source Link
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