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CXMT OVERTAKES TENCENT — CHINA’S NEW LISTED GIANT China’s semiconductor powerhouse CXMT has reportedly surged past Tencent to become the largest listed Chinese company, marking a major shift in the country’s corporate power map. The rise highlights the growing strategic importance of memory chips and semiconductors as China accelerates efforts to build a self-reliant tech industry. From internet platforms to advanced chipmakers, China’s next phase of growth could be increasingly driven by AI, semiconductors and critical hardware.
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