🗞️CXMT’s Push Into HBM3E, Unitree’s Quarterly Revenue Up 70%, and China’s Stock Slide

Coretron (CXMT) reported a net profit of 5.44 billion RMB and revenue of 11.871 billion RMB in the third quarter, a year-on-year increase of 613.2%. Its traditional memory business benefited from global competitors prioritizing high-value products, leading to price increases.