This July, Moomoo Canada celebrated the grand opening of its second flagship store, located in the heart of Markham within the Greater Toronto Area (GTA). This launch marks more than just a new storefront; it represents a major new chapter in Moomoo's global expansion. Markham Mayor Frank Scarpitti attended the event to join the Moomoo Canada team for the ribbon-cutting ceremony, while local media, clients,...

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🔥 The final is set! Spain and Argentina are the last two teams standing, with the World Cup trophy on the line. After weeks of predictions, it all comes down to one final match! 🏆
Round 11 is here! 🎉 The World Cup Predictor series has reached the July 19 final, and we’re switching it up for the grand finale. Rack up points, extend your streak, and make one last push for that Win Streak General badge....

Updated on July 15, 2026
Based on the CXMT-USDC contract price on Hyperliquid:$7.51
Key Conclusion First
The current price is not worth buying.
$7.51 implies a valuation for CXMT exceeding 500 billion U.S. dollarsin implied market value.
This price essentially front-loads a low-probability, long-term optimistic outcome as if it were nearly undiscounted, while also incorporating:
1. Domestic substitution premium
2. Premium as China's only DRAM leader
3. Positive expectations around HBM success
4. Channel scarcity premium driven by STAR Market access barriers
5. Sentiment-driven premium due to limited liquidity in the Pre-IPO contract
CXMT is certainly a company of strategic value, but 'the company has value' and 'it’s worth buying at this price right now' are two entirely different things.
Below is a detailed breakdown.
I. First, convert the $7.51 price into market capitalization
On July 15, CXMT launched its Pre-IPO perpetual contract via trade.xyz under Hyperliquid's HIP-3 framework. CXMT-USDC, with the current price at approximately USD 7.51。
The issue price of ChangXin Sci-Tech Innovation Board shares is:
RMB 8.66 per share, equivalent to approximately USD 1.29.
The total number of shares outstanding post-issuance is approximately:
66.881 billion shares.
Corresponding official market capitalization at issuance is approximately:
...