$Cxmt Corporation(688825)$ or ChangXin is no longer just a cheap alternative for budget devices.  They are highly competitive, fully booked manufacturing titan.  By turning down $Apple(AAPL)$ demands for a discount, Changxin proved to the world that they have the technology, the domestic backing and the market share to stand eye to eye with the biggest tech giants on earth.

Changxin surged 500% on Day one of its IPO.  By raising nearly USD 9 billion, Changxin now has a massive war chest to expand production lines and carry out advanced R&D.

I believe that Changxin will continue to grow exponentially.

@Tiger_comments @TBlive @TigerStars @Tiger_SG

# Xiaohu Hotspot Radar

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet