Chinese memory chipmaker CXMT soars 470% in Shanghai IPO debut

Chinese memory chipmaker CXMT, based in Hefei, surged 470% on its Shanghai Stock Exchange debut. The company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share. It marks one of China's largest recent stock market listings.

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📈 Business Chinese Memory Chipmaker CXMT Seeks $9.8 Billion in Shanghai IPO Bloomberg · 14d ago 💻 Technology Chinese memory chipmaker CXMT debuts on stock market with $484 billion valuation The Verge · 1d ago 📈 Business CXMT shares surge 466% on debut — Chinese DRAM maker valued at $488 bn PC Gamer · 1d ago

More on this topic

📈 Business Chinese Memory Chipmaker CXMT Seeks $9.8 Billion in Shanghai IPO Bloomberg · 14d ago 💻 Technology Chinese memory chipmaker CXMT debuts on stock market with $484 billion valuation The Verge · 1d ago 📈 Business CXMT shares surge 466% on debut — Chinese DRAM maker valued at $488 bn PC Gamer · 1d ago