As China’s state-backed memory chip manufacturer, ChangXin Memory Technologies (CXMT), turned out to be the country’s largest public firm following its initial public offering (IPO) on July 27, …
Tagged By business
China crude imports tick up
China’s crude imports have ticked up, but analysts said the rebound was unlikely to signal a return to pre-war levels. The increase reflects stranded cargoes clearing the Strait of Hormuz and more …
Coinbase policy chief says CLARITY Act is critical to keep crypto lead over China
Coinbase Global Inc. COIN Chief Policy Officer Faryar Shirzad on Monday urged U.S. lawmakers to advance the CLARITY Act, arguing that the legislation is critical to ensure America, not China, leads …
US lawmakers seek national security probe of Chinese chip giant CXMT after blockbuster IPO: ‘Ticking time bomb’
Top US lawmakers want the Trump administration to launch a formal national security probe into Chinese memory chipmaker CXMT on suspicions that Beijing orchestrated the company’s blockbuster IPO to …
The unexpected winners from China’s blockbuster CXMT IPO
A blockbuster IPO by CXMT has delivered a windfall for its home province, which is now sitting on paper gains of 5,000 per cent after its …
China’s AI and chip founders add billions as IPO boom creates new fortunes
Chinese founders of leading AI and semiconductor companies have added billions of U.S. dollars to their fortunes as blockbuster stock market debuts fuel a new wave of tech wealth.
Chipmaker CXMT vaults to top of China’s valuation with 466% surge in Shanghai debut
Shares of CXMT Corp soared 466% on their Shanghai trading debut on Monday following Asia’s biggest IPO this year, catapulting the chipmaker to the top of China’s stock market by valuation despite a …
China’s exports are so huge they’re now lowering inflation in other countries
A discrepancy between China’s export data and U.S. import data is “not because ships are sinking mid-Pacific,” notes UBS’s Paul Donovan.
China’s State Banks Sit on Massive Paper Gains After Chipmaker CXMT’s Blockbuster IPO
The IPO propelled CXMT past Industrial and Commercial Bank of China Ltd. ( 601398.SH) to become the most valuable stock on the Chinese mainland market Monday. The windfall highlights how Beijing’s …
Crypto Derivatives Are the New Backdoor Into China’s Hottest AI Stocks
Crypto perpetual futures on Hyperliquid and Trade.xyz now give investors access to China’s restricted AI chip IPOs like CXMT — here’s how it works and what’s at stake in 2026.
CXMT IPO Surges 500% as China Memory Giant Hits Top
CXMT IPO surged over 500% in Shanghai, turning China’s top DRAM maker into a market giant as AI demand reshapes DRAM supply and prices.
Is China’s Surplus Really Shrinking?
The Economist is now arguing that China’s trade surplus has peaked. That is a strange argument, as the “real” (price-adjusted) trade surplus is still growing. Net exports have contributed positively …
China Is Outspending the US on Crypto Rails, Coinbase Tells Senate
China crypto rails have moved $2.37 trillion in digital yuan payments while the US Senate delays its crypto vote.