Monday, July 27, 2026

Chinese chipmaker CXMT surges 466% in Shanghai trading debut

Chinese memory chipmaker CXMT surged 466% on its Shanghai debut, catapulting itself to the top of China's stock market by valuation after raising $8.6 billion in Asia's biggest IPO this year.

CXMT IPO Surges 500% as China Memory Giant Hits Top - Memeburn


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Chinese chipmaker CXMT surges 466% in Shanghai trading debut
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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

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