Name: CXMT Surges in China's Biggest Debut in Years | The China Show | 7/27/2026
Uploaded: 2026-07-27T04:33:08+00:00
Duration: 5573 s

Speakers

Shihao Li — Asia strategist, CITIC CLSA

Ming Lee — Head of Greater China Automotive and Industrials Research, BofA

Pascal — CEO, Boiron

David Ingles — Anchor, Bloomberg

Summary

The China Show covers the historic debut of China's memory chip champion CXMT, which surged over 470% to become the largest mainland-listed company. Guests analyze investment opportunities in China's domestic semiconductor sector, CATL's energy storage growth, and Trip.com's regulatory relief. The episode also discusses geopolitical events and features an interview with Boiron's CEO on Asian expansion.

CXMT IPO raises $9.8 billion, debuts with ~470% gain, becoming China's largest listed company by market cap.
CITIC CLSA strategist sees buying opportunity in Chinese domestic semiconductor supply chain after a correction.
BofA analyst bullish on CATL, citing energy storage demand growth and strong EV exports.
Trip.com shares rise after antitrust fine resolves regulatory overhang on the stock.
Boiron CEO reveals plans for China to become its second-largest market through skincare and food supplements.
Bank Indonesia Governor Warjiyo unexpectedly resigns, adding uncertainty to the rupiah.
India's education minister resigns amid student protests, marking a rare retreat for the Modi government.
Tech trade remains volatile, with focus on AI infrastructure buildout and memory chip shortage.

Ideas

Shihao Li Asia strategist, CITIC CLSA 7:56

Buy China domestic semis after correction.

Following a healthy correction and deleveraging in the crowded AI trade, the domestic semiconductor supply chain offers a very attractive buying opportunity, supported by China's self-sufficiency drive, heavy state backing, massive AI capex by tech giants, and attractive valuations.

Ming Lee Head of Greater China Automotive and Industrials Research, BofA 59:10

Energy storage drives CATL growth.

Energy storage system demand is strong and will grow to 40% of CATL's revenue, EV exports remain robust, raw material prices are stabilizing, and sodium-ion batteries provide future margin support, driving CATL's earnings growth.

David Ingles Anchor, Bloomberg 68:25

Regulatory cloud over Trip.com lifted.

The antitrust fine and resolution of the regulatory probe remove a major overhang on Trip.com, which had been a cloud of uncertainty over the stock, likely allowing it to recover.

Pascal CEO, Boiron 76:00

China expansion drives Boiron growth.

Boiron is rapidly expanding in China through e-commerce and social commerce, with its China business now the fifth-largest globally and expected to become number two or three, driven by strong demand for skincare and food supplements.

This Bloomberg Markets video, published July 27, 2026, features Shihao Li, Ming Lee, David Ingles, Pascal discussing Chinese semiconductors, CATL, TCOM, BOI.PA. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Shihao Li, Ming Lee, David Ingles, Pascal · Tickers: Chinese semiconductors, CATL, TCOM, BOI.PA

CXMT Surges in China's Biggest Debut in Years | The China Show | 7/27/2026

Summary

Ideas

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