China's CXMT sees shares drop over 6% as investors look past chipmaker's profit turnaround
CXMT shares fell over 6% on Monday after the company released its earnings forecast for the first nine months of 2026.
CNBC reports: CXMT shares fell over 6% on Monday after the company released its earnings forecast for the first nine months of 2026.
This business story centres on China. Names and organisations mentioned in the coverage include China's CXMT and CXMT.
Why it matters
Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- China · Asia
- Reported by
- CNBC
- First reported
- Key names
- China's CXMT, CXMT
- Section
- Business
Sources
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