The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.
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China memory chipmaker CXMT’s shares soar in a blockbuster share listing in Shanghai
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 …
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.
China’s Crude Imports in July Poised to Rebound From Decade Low
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 …
Mao’s old limo brand is now outselling Rolls-Royce in China two to one
State-owned Hongqi’s ultra-luxury sedans are attracting wealthy Chinese buyers who once gravitated toward British prestige brands, and now it wants a bigger stage …
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.
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 …
2026 AI conference sets new records in scale
The midsummer heat is stifling, yet inside the exhibition halls of the 2026 World Artificial Intelligence Conference — which recently concluded in Shanghai — the temperature also feels high due to a …
China memory chipmaker CXMT set for Shanghai debut after Asia’s biggest IPO
By Yantoultra Ngui and Samuel Shen SINGAPORE/SHANGHAI, July 27 (Reuters) – Shares of CXMT Corp are set to start trading in Shanghai on Monday after Asia’s biggest IPO this year, putting the Chinese …
Crypto exchanges are giving foreign traders access to Chinese AI stocks
Crypto traders are getting access to China’s AI stock rush through a route Beijing did not build for them. Instead of buying mainland shares, offshore investors are using perpetual futures tied to …
Shein flags tariff hits after posting quarterly loss ahead of Hong Kong IPO
The financial details give investors a sharper look at the pressure facing Shein as it seeks new funds while costs rise, growth slows and regulatory scrutiny intensifies.
