News linked to both this project and an event.
: South Korea's SK Securities continues to believe that the memory re-rating process is still in its very early stages. SK Securities points out that TSMC enjoys a high valuation because it is a platform manufacturer that can help customers achieve future development, and the same logic applies to memory in the AI era. Structurally improved profitability and visibility, along with enhanced shareholder returns based on this, mean that the re-rating of memory stocks will proceed in tandem with the narrowing of the discount on Korean memory.Currently, Samsung Electronics and SK Hynix have a 12-month P/E ratio of approximately 6.0 times. Their stock prices indicate they remain the cheapest stocks within the bottleneck of the AI era. As value shifts and is redistributed within the industry, the metric that needs to be trusted and followed is the change in profitability, rather than a valuation framework based on the past. SK Securities maintains an overweight rating on semiconductors.
Odaily Seer monitoring shows that the prediction market Predict.fun has launched a new prediction event: "What will be the market cap ranking of CXMT at close on its IPO day," with total trading volume currently at $93,000.On May 27, ChangXin Memory Technologies (CXMT), a leading domestic memory chip company, successfully passed its IPO review on the STAR Market (SSE STAR) and plans to raise 29.5 billion yuan, which would mark the second-largest IPO in the history of the STAR Market. Benefiting from the memory industry upcycle, CXMT reported a Q1 2026 revenue of 50.8 billion yuan and a net profit attributable to parent company of 24.762 billion yuan for the single quarter, achieving a dramatic turnaround from losses to profits year-over-year. This strong earnings potential has sparked extremely high market expectations for its post-listing valuation, with some suggesting it could challenge the top tier of A-share market capitalizations. According to the settlement rules, this event will ultimately be settled based on the descending order of total market capitalization from the "Shanghai-Shenzhen-Beijing A-shares" section of East Money (东方财富网) at market close.Odaily Seer continues to monitor prediction markets, observing changes before prices are set.