CXMT's IPO delivers a windfall for Hefei, an eastern China inland industrial city, with the government sitting on 5,000%+ paper gains after an early investment
Funds run by local government make gains of 5,000% from chipmaker's blockbuster listing — A blockbuster IPO by CXMT has delivered …
CXMT's stock closed up 466% in its Shanghai debut, giving the Hefei-based memory chipmaker a ~$487B market cap, making it the most valuable China-listed company
CXMT's stock closed up 466% in its Shanghai debut, giving the Hefei-based memory chipmaker a ~$487B market cap, making it the most valuable China-listed company
Shares of chipmaker Changxin Technology Group soared nearly 466% Monday in their debut on Shanghai's tech-heavy STAR Market, making CXMT the most valuable China-listed company.
CXMT, which raised $9.8B in a hugely oversubscribed Shanghai IPO, is poised for a debut pop that could lift its market cap several times above its initial ~$85B
Investor excitement over the memory chip trade is setting outsize expectations for the Shanghai debut of CXMT Corp. …
Filing: Chinese chipmaker CXMT is seeking to raise ~$9.8B in an IPO on Shanghai's chip-heavy STAR Board, pricing 6.69B shares at ~$1.28 each
A group of Chinese tech companies, including Alibaba and CXMT, launches a ~$577M PE fund to boost China's “hard tech” sectors amid tightening US export curbs
The Shanghai Stock Exchange says memory maker CXMT cleared a listing review for the exchange's Nasdaq-like STAR Board, in what could be China's top IPO in 2026
The listing could become China's largest IPO this year — China's securities regulator has cleared an approximately $4 billion share offering …
Chinese chipmaker CXMT reports Q1 revenue up 719% YoY to ~$7.5B, net profit up 1,688% to $3.6B, and says Omdia ranks it No. 4 in DRAM with a 7.67% global share
Sources: Chinese chipmaker CXMT hit ~$8B in 2025 revenue, up 130% YoY, and projects ~$435M in adjusted net income, excluding one-time items, ahead of an IPO
ChangXin Memory Technologies Inc. more than doubled revenue to $8 billion in 2025, giving the strategically important Chinese chipmaker …
Filing: China's top DRAM maker CXMT plans to raise $4.2B in a Shanghai IPO; CXMT held a 4% global share in Q2 2025 and targets HBM production by the end of 2026
China's leading maker of DRAM chips, ChangXin Memory Technologies (CXMT) Corp, said on Tuesday it plans to raise 29.5 billion yuan …