On October 19, 2026, CXMT shares are lower: the South China Morning Post (SCMP) reported an early-session low of 41 yuan, while CNBC separately reported a 6.5% decline. SCMP CNBC
What the reported prices measure
SCMP put the prior Friday close at 45.02 yuan. The 41-yuan low was about 8.93% below that close, a close-to-intraday-low calculation consistent with SCMP’s report of an early-session drop of more than 8%. CNBC’s 6.5% figure is a separate reported observation.
The reports placed CXMT’s move amid a broader semiconductor selloff. The overlap between chip-industry news and financial markets also features in the coverage at NTV88.
The forecast behind the share-price news
CNBC reported that a filing dated October 17 forecast net profit attributable to shareholders of 131 billion to 132.5 billion yuan for January through September 2026. The comparable year-earlier period had a reported net loss of 5.28 billion yuan. The filing also forecast revenue of about 265 billion to 270 billion yuan, an increase of 232.9 billion to 237.9 billion yuan year over year, according to CNBC’s account.
CNBC reported that CXMT attributed the improved outlook to rising AI-computing demand, which the company said had tightened global supply of dynamic random-access memory (DRAM) and lifted prices. NeoTeo previously covered CXMT’s third-quarter revenue outlook.
