🔴 CXMT is trading 3.81% down today after Kioxia tempers memory-price expectations

CXMT is trading 3.81% down now at CNY 55.02 after broad memory-chip selling.

• The decline follows Kioxia CEO Hiroo Ota’s September 9 comments that memory prices had risen sufficiently and the company would avoid substantial further increases.
• No fresh CXMT-specific negative announcement was identified for September 11, 2026; the move appears primarily sector-driven and reflects profit-taking after recent gains.