CXMT Exercises Full Over-Allotment Option in IPO

The full exercise of the over-allotment option signals robust institutional appetite for CXMT's IPO, but it also means more shares are now in circulation, which could temper post-listing price momentum. This matters for the broader semiconductor and RWA-linked supply chains, as CXMT's capital raise may fund capacity expansion that shifts memory market dynamics. The key question is whether this demand reflects strategic positioning ahead of sector headwinds or genuine long-term conviction, and whether the stabilization mechanism holds once the greenshoe period ends.