Chinese chipmaker CXMT shares surge on Shanghai debut with capitalization surpassing Intel at end of morning session
chip Photo:VCG The share price of Chinese chipmaker ChangXin Memory Technologies (CXMT) surged more than 471 percent to 49.50 yuan ($7.31) per share on Monday’s opening, the first day it debuts on Shanghai’s STAR market. The share price further soared 531 percent to 54.65 yuan by the end of Monday’s morning trading session. The IPO…