CXMT becomes China’s most valuable A-share company after $8.6 billion IPO
ChangXin Memory Technologies (CXMT), China’s largest DRAM maker, raised RMB57.92 billion ($8.6 billion) in its Shanghai STAR Market IPO on July 27, in what became the largest mainland semiconductor offering on record. By the midday break, its shares had risen 531% from the IPO price, pushing its market value to RMB3.66 trillion and making it […]
Record details
Published: 27 July 2026
Source: TechNode (CN)
Category: News
Topics: Finance, VC & PE
Retrieved: 28 July 2026
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ethics.ai (27 July 2026), “CXMT becomes China’s most valuable A-share company after $8.6 billion IPO,” evidence record 14002, https://ethics.ai/record/14002 (originally published by TechNode (CN)).
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