Markets

China’s CXMT shares fall nearly 8% as investors look past chipmaker’s profit turnaround

Summary

Shares of CXMT dropped more than six percent on Monday following the release of the company's financial forecast covering the first three quarters of 2026. Market participants largely ignored the firm's return to profitability during the session.

CXMT shares fell nearly 8% on Monday after the company released its earnings forecast for the first nine months of 2026.

Source: Read the full story at US Top News and Analysis

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