Saham CXMT China anjlok hampir 8% saat investor mengabaikan pembalikan laba produsen cip tersebut

Shares of Chinese memory chip manufacturer CXMT tumbled nearly 8% during Monday's trading session following the release of its financial performance forecast for the first nine months of the year. Although the report highlighted a notable profit turnaround and improving operational metrics, equity markets reacted with disappointment. Investors appeared to have already priced in the recovery, shifting their focus toward lingering structural headwinds and heavy capital expenditure requirements. The sell-off underscores ongoing volatility in China's domestic technology sector as firms race to achieve self-sufficiency amid international trade restrictions. Analysts note that while profit stabilization is a positive fundamental sign, high valuations leave little room for operational missteps. Competitors in the memory space continue to grapple with shifting cyclical demand patterns and pricing pressures.