SZSE:300693Electrical
China Supply Chain Stocks Riding The CXMT IPO Mood Shift
The surge in CXMT’s valuation and its very large first day share price gain has put a spotlight on China’s domestic supply chain story, especially around AI and semiconductor related production. When one stock commands a P/E above 1,800 and raises up to US$10b in its IPO, it can reset expectations for how investors view related opportunities and risks. This article looks at how that mood shift could ripple through China’s broader supply chain universe and will walk through 3 stocks from our...