Tuesday, 28 July 2026 · World
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EUROS The World Financial Report
Nº 17 Tuesday, 28 July 2026 · World Edition
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CXMT's 466% listing pop makes it China's most valuable firm

Markets-Economic Times · 1h ago · 🇮🇳 India
CXMT's 466% listing pop makes it China's most valuable firm

CXMT Corp shares surged 466 percent on their Shanghai trading debut. This IPO became Asia's largest this year, boosting the chipmaker's valuation. The company is now China's most valuable listed firm, surpassing a major bank. Investor interest stems from exposure to the current memory supercycle. This strong performance occurred despite recent global tech stock selloffs.

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