Monday, 27 July, 2026
CXMT Shares Skyrocket 470% in Blockbuster Market Debut
By TechShots Studio
China’s leading memory chipmaker, Changxin Technology Group (CXMT), saw its shares jump around 470% on its Shanghai STAR Market debut. After raising 57.92 billion yuan ($8.6 billion) in Asia’s largest IPO this year, the surge propelled CXMT’s valuation to roughly 3.3 trillion yuan, cementing investor confidence in China's domestic DRAM chip industry.
Read full story at TIMES OF INDIA