CNBC
China memory chipmaker CXMT skyrockets 470% in Shanghai debut
Monday, July 27, 2026
Changxin Memory Technologies (CXMT), China's fourth-largest DRAM manufacturer, listed shares on the Shanghai Stock Exchange on Monday. The stock rose 470% on its first day of trading. CXMT is state-backed and produces dynamic random-access memory chips used in computers and servers.
Original reporting: https://www.cnbc.com/2026/07/27/cxmt-china-market-debut-chipmaker-ipo.html