SITUATION ANALYSIS: CXMT lore explained We like to joke on MTS that our favorite company is China’s largest memory manufacturer, ChangXin Memory Technologies (长鑫存储). Today, CXMT surpassed Tencent to become the most valuable company in China, with a market cap of $555 billion. So how did we get here? CXMT was founded in 2016, less than a decade ago, in the Tier 3 city of Hefei, Anhui Province, by an engineer named Zhu Yiming. Zhu was born in Jiangsu Province in 1972. He studied physics at…