Changxin Technology Group (CXMT) shares soared over 500% on Monday during their STAR Market debut, cementing its position as the most valuable China-listed company.
CXMT's $9.8B Shanghai IPO debut surged 472%, making it China's most valued firm with 7.67% global DRAM share. The rally signals China advancing in memory chips for AI infrastructure, but management warns margins compress over cycles—brace for DRAM price pressure.
CXMT raised $9.8 billion through its IPO
Jul 27, 2026
10:21 am
What's the storyChina's memory chipmaker Changxin Technology Group (CXMT) has witnessed an unprecedented surge of 472% in its debut on Shanghai's STAR Market.
The company's shares were last trading at 52 yuan, giving it a market cap of about 3.5 trillion yuan. This makes CXMT the most valuable company listed in China.
China's ChangXin Memory Technologies surged more than 500% in its Shanghai debut, becoming China's most valuable listed company.
CXMT shares surged more than 500 per cent in their Shangahi debut on Monday (Jul 27), highlighting strong investor backing for a…
The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.
CXMT closed its Shanghai debut up 466%, worth about $485bn. Nomura says it can rally 1,239% more. Morningstar values it at a…
CXMT shares surged 470% on their Shanghai STAR Market debut after raising up to $9.8 billion in Asia's largest 2026 IPO, with…
CXMT shares soared 500% on debut, making it the most valuable stock in China. Market cap above 2.5T CNY at 99.4% YES.
