AI IntelligenceJul 27, 2026Secondary Market
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CXMT
ChangXin Memory Technologies (CXMT), China's largest DRAM maker, raised RMB57.92 billion ($8.6 billion) in its Shanghai STAR Market IPO. Shares surged 531% by midday, making CXMT the most valuable A-share company in China.
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Source Brief
ChangXin Memory Technologies (CXMT), China's largest DRAM maker, raised RMB57.92 billion ($8.6 billion) in its Shanghai STAR Market IPO. Shares surged 531% by midday, making CXMT the most valuable A-share company in China.
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