Oil prices fell over 4% as the U.S. and Iran paused attacks for a second night, while Asian shares generally rose. Chinese chipmaker CXMT saw its shares soar nearly 500% during its Shanghai trading debut. This IPO is the largest in mainland China since 2010, reflecting the booming demand for AI memory chips. The surge in CXMT shares contributed to the broader gains observed across Asian markets during the trading session.
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