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Technology|FinanceJul 25, 2026

CXMT — CXMT TO DEBUT IN SHANGHAI AFTER ASIA'S BIGGEST IPO OF 2026 RAISES 57.9B YUAN

BullishTechnology|Finance

ChangXin Memory Technologies (CXMT) will list on Shanghai's STAR Market on Monday after completing Asia's largest initial public offering this year. The chipmaker's 57.9 billion yuan (HK$67 billion) sale was 212 times oversubscribed by investors. Total proceeds could climb to 66.6 billion yuan if the company's overallotment option is fully exercised.

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