CXMT News and Analysis

Chinese Memory Chip Maker CXMT Surges 500 Percent in Shanghai Trading Debut

CXMT, a Chinese memory chip maker, surged 500 percent on its Shanghai debut, becoming the most valuable company in mainland China.

CXMT Raises $9.8 Billion in Shanghai IPO, Market Cap Could Surge

CXMT raised $9.8 billion in a hugely oversubscribed Shanghai IPO, set to debut with an initial market cap of about $85 billion.