Chinese chipmaker MetaX Integrated Circuits saw its shares surge by over 600% in its blockbuster debut on Wednesday in Shanghai.IPO Buzz Despite LossesShares of the Shanghai-based firm began trading at 700 yuan ($99.40) on Wednesday on the tech-focused Star Market, jumping 569% from their offer price of 104.66 yuan ($14.86). It was trading at 792.02 yuan ($112.47) at last check. This surge follows the company’s successful initial public offering (IPO), which raised nearly $600 million. The IPO values the co ...