🔴 CXMT is trading 3.7% down on DRAM competition concerns

CXMT is trading at CNY 44.30, down 3.70%, as concerns over its DRAM progress and planned server-memory products weighed on memory-chip shares. - Denser DRAM and year-end server-memory products could intensify competition and pressure margins across the sector. - September CPI ran hotter than expected, adding broader pressure to technology and semiconductor shares.