CXMT shares jumped as much as 470% in its Shanghai debut, giving the memory chipmaker a ~$487B market cap, making it the most valuable China-listed company (Jenny Lee/CNBC)
CXMT's Shanghai IPO created a major public-market signal for China's domestic memory chip supply chain.
Excerpt
<a href="https://www.cnbc.com/2026/07/27/cxmt-china-market-debut-chipmaker-ipo.html"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260726/i13.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260726/p13#a260726p13" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Jenny Lee / <a href="http://www.cnbc.com/">CNBC</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.cnbc.com/2026/07/27/cxmt-china-market-debut-chipmaker-ipo.html">CXMT shares jumped as much as 470% in its Shanghai debut, giving the memory chipmaker a ~$487B market cap, making it the most valuable China-listed company</a></b></span> — Shares of chipmaker Changxin Technology Group rose about 470% Monday as they debuted on Shanghai's tech-heavy STAR Market, making CXMT the most valuable China-listed company.</p>
Read at source: https://www.techmeme.com/260726/p13#a260726p13