{"data":{"id":2082,"lang":"en","title":"China's CXMT Becomes Most Valuable Mainland-Listed Firm After 466% IPO Surge","summary":"CXMT shares surged 466% on their Shanghai STAR Market debut, making China's largest DRAM maker the most valuable company on any mainland exchange.","category":"business","category_label":"Business","published_at":"2026-07-27T14:01:43Z","updated_at":"2026-07-27T14:01:43Z","url":"https://techtools.cz/tools/news/article/2082-china-s-cxmt-becomes-most-valuable-mainland-listed-firm-after-466-ipo-surge","api_url":"https://techtools.cz/news-api/v1/articles/2082?lang=en","markdown_url":"https://techtools.cz/news-api/v1/articles/2082.md?lang=en","image_url":"https://i0.wp.com/technode.com/wp-content/uploads/2026/07/20230129061325525.jpg?fit=1920%2C900\u0026ssl=1","word_count":167,"reading_time_minutes":1,"sources":[{"url":"https://www.cnbc.com/2026/07/27/cxmt-china-market-debut-chipmaker-ipo.html","domain":"cnbc.com"},{"url":"https://technode.com/2026/07/27/cxmt-becomes-chinas-most-valuable-a-share-company-after-8-6-billion-ipo/","domain":"technode.com"},{"url":"https://www.usnews.com/news/business/articles/2026-07-27/chinas-memory-chipmaker-cxmt-shares-soar-in-its-blockbuster-share-listing-in-shanghai","domain":"usnews.com"}],"translation":{"lang":"cs","id":2155,"title":"Čínský výrobce čipů CXMT se po růstu akcií o 466 % stal nejhodnotnější firmou na domácí burze","url":"https://techtools.cz/tools/news/clanek/2155-cinsky-vyrobce-cipu-cxmt-se-po-rustu-akcii-o-466-stal-nejhodnotnejsi-firmou-na","api_url":"https://techtools.cz/news-api/v1/articles/2155?lang=cs"},"content":"ChangXin Memory Technologies (CXMT), China's largest maker of DRAM memory chips, saw its shares surge as much as 500% intraday before closing up 466% on their Shanghai STAR Market debut on July 27. The Hefei-based company raised roughly $8.6 billion (57.92 billion yuan) in the offering, priced at 8.66 yuan per share — the biggest mainland Chinese semiconductor IPO on record, surpassing SMIC's $7.5 billion 2020 Shanghai listing.\n\nThe debut catapulted CXMT's market capitalization to roughly $487 billion (3.3–3.66 trillion yuan), making it the most valuable company listed on any mainland Chinese exchange. Founded in 2016, CXMT is the world's fourth-largest DRAM maker behind Samsung, SK Hynix and Micron, supplying memory chips used in AI servers, smartphones, PCs and cars.\n\nThe listing arrives as CXMT's revenue has exploded alongside global AI-driven demand for memory: first-quarter 2026 revenue hit 50.8 billion yuan, up more than 700% year-over-year. Analysts have flagged the surge as a sign of both booming chip demand and speculative fervor on China's tech-focused STAR Market."}}