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Chipmaker CXMT becomes China's most valuable company as Tencent slips

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Chipmaker CXMT becomes China's most valuable company as Tencent slips

Nikkei Asia · Aug 13, 2026, 10:40 AM UTC

QINZHOU, China -- Chinese memory chip maker CXMT on Thursday surpassed Tencent Holdings by market capitalization, becoming the most valuable company l