CXMT Corp shares surged 466 percent on their Shanghai trading debut. This IPO became Asia's largest this year, boosting the chipmaker's valuation. The company is now China's most valuable listed firm, surpassing a major bank. Investor interest stems from exposure to the current memory supercycle. This strong performance occurred despite recent global tech stock selloffs.

CXMT Corp raises $8.6 billion in Asia's largest IPO of 2026 ahead of its Shanghai STAR Market debut, fueled by 700% revenue growth and surging AI

China's leading memory chipmaker, ChangXin Memory Technologies, made a blockbuster debut on Shanghai's STAR Market on Monday, becoming the most valuable stock on China's A-share…

China's largest memory chipmaker made a blockbuster debut on the Shanghai Stock Exchange's STAR Market on Monday as experts pointed to growing signs of a structural bull run in…