Hyperliquid: $6.82M CXMT Buy Order at $6

Hyperliquid order book now carries a $6.82 million buy order for CXMT at $6, pushing implied valuation to 2.72 trillion RMB and past ICBC as the largest A-share by market cap. The placement arrives on the same platform already testing compliance limits after its科创50 ETF listings, giving overseas traders direct exposure to a stock normally gated behind 500,000 RMB科创板 thresholds. At current share count of 66.88 billion, the level would rank CXMT first among A-shares while Hyperliquid liquidity for the name stays thin.