Screw it. Market buying $CXMT (ChangXin Memory) at Hong Kong listing.
No PE ratio analysis. This is pure sentiment play.
I just want to taste a few days of that "Golden Age" feeling.
---The Setup---
Global DRAM rankings: Samsung, SK Hynix, Micron... then CXMT at #4.
The narrative? Breaking the foreign oligopoly. China's memory independence play.
Major shareholders: Hefei State-Owned Assets (gov backing) + Alibaba (bigger stake than founders).
At current HK pricing (~$8, ¥3.6T market cap), this thing instantly leapfrogs ICBC and Moutai to become A-share #1 by valuation.
Let's be real—China's largest listed company shouldn't be a liquor brand.
---Tech Angle---
Core play: DDR5 mass production hit late 2024. Now the revenue driver.
HBM (AI training memory): CXMT lags Samsung/Hynix by 3-4 years, but samples exist. Main bottleneck is yield rates. They're catching up.
---Valuation Doesn't Matter Here---
Current PE is based on 2025 earnings. 2026 is the explosion year—real PE will be way lower.
Low float at open + peak emotional fomo = sentiment >>> fundamentals.
This is a vibe trade, not a spreadsheet trade.
NFA.
No PE ratio analysis. This is pure sentiment play.
I just want to taste a few days of that "Golden Age" feeling.
---The Setup---
Global DRAM rankings: Samsung, SK Hynix, Micron... then CXMT at #4.
The narrative? Breaking the foreign oligopoly. China's memory independence play.
Major shareholders: Hefei State-Owned Assets (gov backing) + Alibaba (bigger stake than founders).
At current HK pricing (~$8, ¥3.6T market cap), this thing instantly leapfrogs ICBC and Moutai to become A-share #1 by valuation.
Let's be real—China's largest listed company shouldn't be a liquor brand.
---Tech Angle---
Core play: DDR5 mass production hit late 2024. Now the revenue driver.
HBM (AI training memory): CXMT lags Samsung/Hynix by 3-4 years, but samples exist. Main bottleneck is yield rates. They're catching up.
---Valuation Doesn't Matter Here---
Current PE is based on 2025 earnings. 2026 is the explosion year—real PE will be way lower.
Low float at open + peak emotional fomo = sentiment >>> fundamentals.
This is a vibe trade, not a spreadsheet trade.
NFA.