Business

CXMT Makes Historic Stock Market Debut

Updated 2026-07-27 14:40 UTC 1 source Positive

ChangXin Memory Technologies (CXMT) had a successful debut on the Shanghai stock exchange, with its shares surging 466 percent and valuing the company at $484 billion. The market frenzy highlights China's growing tech industry.

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The Verge
The China-based memory firm ChangXin Memory Technologies (CXMT) had a massive first day on the Shanghai stock exchange after its shares surged 466 percent, as reported earlier by The Wall Street Journal and CNBC. The stock market frenzy boosted CXMT's valuation to $484 billion, making it the most va
2026-07-27 14:27 UTC
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