A view of the ChangXin Memory Technologies (CXMT) headquarters at Konggang Industrial Park in Hefei, eastern China's Anhui province on July 27, 2026. China's leading memory chipmaker soared 470 percent in its market debut in Shanghai on July 27, briefly surpassing megabank ICBC as the mainland's most valuable company. (Photo by Pedro PARDO / CN-STR / AFP via Getty Images) / China OUT

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