Company Profile
CXMT (ChangXin Memory Technologies) is China's largest DRAM integrated device manufacturer, producing DDR5, LPDDR5, and LPDDR5X memory chips.
CXMT FAQ
- Is CXMT publicly traded?
- Yes. CXMT trades under the ticker 688825.SH.
Coverage Timeline
newest first- Jul 29, 2026IPOThe Case For Calling 2026 the Mega-IPO Era→
- Jul 28, 2026FUNDINGThe Memory Supercycle Is Repricing Every Hardware Term Sheet→
- Jul 27, 2026IPOMemory Stocks Slide As CXMT's IPO Rattles Market→
- Jul 27, 2026IPOCXMT Rockets 466% in STAR Market Trading Debut$8.6B Raised, +471%→
- Jul 24, 2026IPOThe Case For a Chinese AI IPO Wave Riding CXMT's Momentum→
- Jul 24, 2026IPOChina's CXMT Sparks Cash-Drain Fears Ahead of $8.6B IPO$8.6B IPO→
- Jul 19, 2026IPOCXMT's $8.6B Shanghai IPO Draws 500x Institutional Demand$8.6B IPO / ~$87B cap→
All Coverage
The Case For Calling 2026 the Mega-IPO Era
IPO pops are nearing 10-year highs and tech is leading the way, with $34.2 billion raised through May -- up 163.9% year-over-year -- setting up 2026 as the strongest new-issue market in a decade even before SpaceX and CXMT's blockbuster debuts.
The Memory Supercycle Is Repricing Every Hardware Term Sheet
The Memory Supercycle Is Repricing Every Hardware Term Sheet
RAM costs sextupling, Samsung's $200B HBM4E deal with Broadcom, and CXMT's blistering $540B Shanghai debut are three faces of one supply shock now reshaping how VCs underwrite anything with a bill of materials.
Memory Stocks Slide As CXMT's IPO Rattles Market
Memory Stocks Slide As CXMT's IPO Rattles Market
Micron, SanDisk and SK Hynix shares all fell after CXMT's explosive Shanghai IPO debut intensified fears of a looming DRAM supply glut and price war.
CXMT Rockets 466% in STAR Market Trading Debut
CXMT Rockets 466% in STAR Market Trading Debut
Chinese memory maker CXMT surged as much as 471% in its Shanghai STAR Market trading debut, instantly becoming mainland China's most valuable listed company.
The Case For a Chinese AI IPO Wave Riding CXMT's Momentum
The Case For a Chinese AI IPO Wave Riding CXMT's Momentum
Value Add Pulse analysis: CXMT's $8.6 billion Shanghai debut and the Moonshot/DeepSeek open-model rush suggest Chinese AI and semiconductor companies are finding a public-market window U.S. peers currently lack.
China's CXMT Sparks Cash-Drain Fears Ahead of $8.6B IPO
China's CXMT Sparks Cash-Drain Fears Ahead of $8.6B IPO
CXMT, China's largest memory chipmaker, is set to list July 27 on Shanghai's STAR Market in Asia's biggest IPO of 2026 so far, raising $8.6 billion and stoking fears it could drain cash from Chinese equities.
CXMT's $8.6B Shanghai IPO Draws 500x Institutional Demand
CXMT's $8.6B Shanghai IPO Draws 500x Institutional Demand
China's largest DRAM maker CXMT priced an $8.6 billion Shanghai STAR Market IPO -- Asia's biggest listing of 2026 -- with institutional demand of roughly 500 times the shares on offer, though oversubscription ran lower than recent Chinese tech IPOs amid a.