The Week Ahead (July 27-Aug. 2): CXMT Set for STAR Market Debut in Board’s Largest IPO

CXMT set for historic Shanghai IPO amid memory chip excitement

CXMT's IPO (July 27) raises $8.6B at $85B valuation—Asia's largest 2026 offering, #4 DRAM maker globally with $7.5B Q1 revenue. For tech leaders, CXMT's scale reshapes supply chains, but 36.8% state ownership introduces strategic, non-market-driven sourcing risks.