Woofun AI reports that Trade.XYZ launched pre-market contracts for ChangXin Memory Technologies (CXMT) on the Hyperliquid HIP-3 market. Prices peaked at $8.64 before settling near $8. With a post-issuance share capital of approximately 66.888 billion shares, the implied market capitalization stands at $540 billion. This figure exceeds Tencent’s $526.5 billion valuation, placing CXMT 32nd globally by market cap. CXMT is scheduled to initiate its new share subscription on the STAR Market on July 16.