China's state-backed DRAM maker ChangXin Memory Technologies (CXMT), now holding 7.7% of the global DRAM market, completed an $8.6 billion IPO on July 27, 2026, with shares surging 466% on the first d…
Chinese chipmaker CXMT Corp. soared 466% on its market debut Monday, becoming the most valuable company listed in mainland China with a market capitalization of roughly US$490 billion. The state-backe…
Shares in Chinese memory chip maker ChangXin Memory Technologies (CXMT) surged more than 470% on their debut on the Shanghai Stock Exchange's Star Market, pushing its valuation to around 3.3 trillion …
China's CXMT, the country's leading DRAM manufacturer, is set to go public on the STAR Market in what could be the largest semiconductor IPO in China. Founded by Zhu Yiming, the company has leveraged …