Shares of CXMT, China’s largest memory chipmaker, soared Monday after they began trading in Shanghai in mainland China’s biggest initial public stock offering in recent years. CXMT’s shares surged 472 …
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China memory chipmaker CXMT’s shares soar in a blockbuster share listing in Shanghai
China’s answer to SK Hynix soars more than 500pc on market debut
Shares in memory chip maker CXMT surged far above their IPO price after raising about $12 billion in Asia’s biggest initial public offering this year.
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China’s investigation into former securities regulator Fang Xinghai has pushed the number of financial-sector officials and executives ensnared in the country’s anti-corruption campaign to more than …
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China’s crude imports this month are expected to rebound from the lowest level in more than a decade after flows through the Strait of Hormuz accelerated and refiners increased purchases of Russian …
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CXMT becomes China’s biggest listed company by market cap after blockbuster IPO
Eugene Hsiao from Macquarie Capital talks about the significance of CXMT’s mega IPO to both China’s tech self-sufficiency drive and the global memory market.
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Chinese memory-chip maker CXMT became the mainland’s most valuable listed company, overtaking ICBC after its blockbuster IPO.
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Chipmaker CXMT becomes mainland China’s most valuable listed firm
The surge has pushed CXMT’s stock market valuation to around 3.3 trillion yuan ($487.3bn; £364.9bn), making it the most valuable listed company in mainland China. The spectacular debut comes despite a …
China’s industrial profits grow at slowest pace this year
Profit growth at China’s industrial companies slowed to its lowest pace this year in June, according to official data that underlined an uneven rebound in earnings across the world’s second-largest …
China memory chipmaker CXMT skyrockets 470% in blockbuster Shanghai debut
The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.
ChangXin Memory Technologies IPO becomes largest in mainland China since 2010
ChangXin Memory Technologies raised 57.9 billion yuan in China’s largest IPO since 2010, signaling massive investor appetite for semiconductor …
China memory chipmaker CXMT skyrockets 470% in Shanghai debut
China’s fourth largest DRAM maker CXMT debuts on Shanghai market Monday …
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