StreetSpread · Finance · Polymarket

Will CXMT’s market cap be less than 250 billion yuan at market close on IPO day by December 31, 2026?

Finance Resolves December 31, 2026 Polymarket

Polymarket is pricing this contract at 3¢ (3% implied probability). Resolves December 31, 2026. This market will resolve based on CXMT's market capitalization at the closing price on its first day of trading.

Live price

PlatformCentsImpliedVolume
Polymarket3%$3K

Resolution criteria

This market will resolve based on CXMT's market capitalization at the closing price on its first day of trading. If no such IPO occurs by December 31, 2026, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2026". Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day. If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently. The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.

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