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Evidence record 10444 · automatically gathered

China memory giant CXMT valued at US$85 billion in record Shanghai IPO

China’s leading memory chipmaker, ChangXin Memory Technologies (CXMT), has priced its Shanghai initial public offering at 8.66 yuan (US$1.28) apiece, positioning the company for the largest listing by a Chinese semiconductor company on a mainland bourse. The firm, based in Hefei, Anhui province, is expected to raise gross proceeds of 57.9 billion yuan (US$8.5 billion) from the sale of nearly 6.7 billion shares, according to an offering announcement released on Tuesday. The shares represent 10...

Record details

Published: 15 July 2026
Source: SCMP Tech (HK/CN)
Category: News
Topics: Finance, VC & PE
Retrieved: 15 July 2026

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How to cite this record

ethics.ai (15 July 2026), “China memory giant CXMT valued at US$85 billion in record Shanghai IPO,” evidence record 10444, https://ethics.ai/record/10444 (originally published by SCMP Tech (HK/CN)).

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