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China memory chipmaker CXMT skyrockets 500% in blockbuster Shanghai debut

July 27, 2026
China memory chipmaker CXMT skyrockets 500% in blockbuster Shanghai debut

The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.

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⟵ Firefighters battle wildfire as tens of thousands evacuated near Bordeaux
Why Trump’s new tariff blitz is very different this time round ⟶

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Intel surges 9% after Trump says company will partner with Apple on U.S. chip design
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