Its shares surged 472 per cent from their offer price when trading began on Shanghai’s Star Market on July 27. Read more at straitstimes.com. Read more at straitstimes.com.
Tagged By ipo
CXMT stock soars 466% on Shanghai debut after record IPO
The Chinese memory chipmaker raised $8.6 billion in Asia’s biggest IPO this year, vaulting it past ICBC as China’s most valuable listed company …
What is CXMT and how did it become China’s Dram champion?
China’s CXMT became the country’s most valuable listed company after its shares surged more than 500 per cent in their Shanghai debut on Monday (July 27), highlighting fervent investor backing for a …
CXMT surge shows why China stock buyers see IPOs as one-way bet
Chipmaker CXMT skyrocketed on its first day of trading on Shanghai’s Star Market, fuelled by a low IPO valuation and surging global demand for DRAM memory Chipmaker CXMT surged more than fivefold on …
China’s crude oil imports surge
China’s crude oil imports are rebounding sharply as refiners increase purchases from Russia and the Middle East, supporting oil prices despite a temporary pause in U.S.-Iran hostilities.
China memory chipmaker CXMT skyrockets 500% 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.
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 …
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 …
