Shares were mostly higher Monday in Asia as oil prices slipped more than 4% after the U.S. and Iran refrained from fighting while discussing a possible resumption of negotiations on an interim ceasefire deal.
Shares in Chinese memory chipmaker CXMT soared about 470% as they began trading on Shanghai’s technology board. The company jumped to become China's most valuable listed company with an estimated market capitalization of 3.3 trillion yuan (nearly $490 billion).
