$CXMT is up 466%… and today it barely moved.

That might actually be the most important signal.

Because only 6.73% of shares are freely tradable.

Tiny float.
Massive demand.
That’s how you get a +466% explosion.

Another crazy stat:

💰 ¥141.1B traded in ONE day.

That’s the highest single-day turnover in A-share history.

The bull case:
✅ Revenue +719%
✅ Turned a loss into a profit
✅ Riding the global memory boom

The bear case:
❌ Export-control risks
❌ Memory industry is highly cyclical
❌ Valuation distorted by the tiny free float

Bottom line:

The business may be improving.

The stock price? It may still be driven more by supply than fundamentals.

Making investing simple and easy. Not financial advice.