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Chinese memory chip maker CXMT raised $8.6 billion in a record-breaking IPO on July 27, propelled by strong demand in the AI-driven memory sector.
Showing 1-24 of 77 articles.
world
Chinese optical parts maker Zhongji Innolight plans to price its Hong Kong IPO below the maximum, marking the city's largest share sale in nearly seven years.
CNA Latest News | Jul 27, 2026, 6:16 AM
business
Chinese memory chip maker CXMT raised $8.6 billion in Asia's largest IPO of 2026 amid the booming AI-driven semiconductor market.
Nikkei Asia | Jul 27, 2026, 3:06 AM
world
CXMT's market value tops China's stock market, surpassing ICBC after Asia's largest IPO in 2026.
CNA Latest News | Jul 27, 2026, 2:52 AM%22%2F%3E%0A%20%20%3Cpath%20d%3D%22M0%20706%20L1536%20432%20L1536%201024%20L0%201024%20Z%22%20fill%3D%22%23f4f1e8%22%20opacity%3D%220.18%22%2F%3E%0A%20%20%3Cpath%20d%3D%22M1060%200%20L1536%200%20L1536%201024%20L1250%201024%20Z%22%20fill%3D%22%23087d76%22%20opacity%3D%220.38%22%2F%3E%0A%20%20%3Crect%20x%3D%2284%22%20y%3D%2288%22%20width%3D%22210%22%20height%3D%2218%22%20fill%3D%22%23087d76%22%2F%3E%0A%20%20%3Ctext%20x%3D%2284%22%20y%3D%22164%22%20fill%3D%22%23ffffff%22%20font-family%3D%22Arial%2C%20Helvetica%2C%20sans-serif%22%20font-size%3D%2264%22%20font-weight%3D%22900%22%3EBUSINESS%3C%2Ftext%3E%0A%3C%2Fsvg%3E)
business
China’s largest memory chipmaker aims to raise over $8.54 billion in a record IPO as Nvidia tightens AI chip sales in Asia under U.S. pressure.
Nikkei Asia | Jul 16, 2026, 8:41 AM%22%2F%3E%0A%20%20%3Cpath%20d%3D%22M0%20706%20L1536%20432%20L1536%201024%20L0%201024%20Z%22%20fill%3D%22%23f3f5f7%22%20opacity%3D%220.18%22%2F%3E%0A%20%20%3Cpath%20d%3D%22M1060%200%20L1536%200%20L1536%201024%20L1250%201024%20Z%22%20fill%3D%22%23cc0000%22%20opacity%3D%220.38%22%2F%3E%0A%20%20%3Crect%20x%3D%2284%22%20y%3D%2288%22%20width%3D%22210%22%20height%3D%2218%22%20fill%3D%22%23cc0000%22%2F%3E%0A%20%20%3Ctext%20x%3D%2284%22%20y%3D%22164%22%20fill%3D%22%23ffffff%22%20font-family%3D%22Arial%2C%20Helvetica%2C%20sans-serif%22%20font-size%3D%2264%22%20font-weight%3D%22900%22%3EBUSINESS%3C%2Ftext%3E%0A%3C%2Fsvg%3E)
business
The top Chinese memory chip maker plans a record-breaking initial public offering amid a global shortage driven by AI infrastructure demand.
Nikkei Asia | Jul 14, 2026, 4:45 PM
business
Luxshare, Apple's largest supplier in China, raised $3.1 billion in Hong Kong's biggest listing of the year but saw its shares decline after debut trading.
Nikkei Asia | Jul 9, 2026, 2:53 AM
world
Asian countries, including Japan, are increasingly relying on Canadian crude oil from the Trans Mountain pipeline as uncertainty over oil supplies through the Strait of Hormuz grows.
Al Jazeera | Jul 30, 2026, 2:29 AM
world
The Chinese optical transceiver producer's shares fell nearly 3% after completing Hong Kong’s largest IPO of the year, impacted by a worldwide decline in AI sector investor sentiment.
South China Morning Post World | Jul 30, 2026, 2:02 AM
business
Hybe, South Korea's largest talent agency, returns to profitability following BTS's full-member comeback and performance at the 2026 FIFA World Cup final.
Nikkei Asia | Jul 29, 2026, 3:30 AM
business
For fiscal year 2025, smaller public pension funds in Japan achieved returns up to 2 percentage points higher than the Government Pension Investment Fund (GPIF).
Nikkei Asia | Jul 29, 2026, 2:26 AM
general
ChangXin Memory Technologies raises $8.6 billion in Shanghai listing, becoming mainland China’s most valuable exchange-listed company amid AI-driven chip demand.
Washington Times News | Jul 27, 2026, 12:32 PM
business
A Chinese historical epic promoting Taiwan unification was pulled from planned screenings after failing to receive final approval amid rising cross-strait tensions.
Nikkei Asia | Jul 27, 2026, 8:43 AM
business
Governor Perry Warjiyo steps down amid ongoing market challenges and concerns over central bank independence.
Nikkei Asia | Jul 27, 2026, 4:09 AM
business
Fast-fashion giant Shein plans a Hong Kong public listing following regulatory approval and draft prospectus release, challenging investor interest as global e-commerce slows.
Nikkei Asia | Jul 27, 2026, 3:09 AM
business
Key business developments in Asia include Shein’s anticipated Hong Kong IPO filing, CXMT’s Shanghai listing, and economic forecasts from AMRO amid regional challenges.
Nikkei Asia | Jul 27, 2026, 12:44 AM
world
China is rapidly emerging as a global AI competitor, with startups launching advanced models and securing significant investments.
CNA Latest News | Jul 26, 2026, 11:23 PM
world
Ongoing Middle East tensions disrupt aluminium can supply, forcing Coca-Cola to raise Diet Coke prices by over 10% across India.
South China Morning Post World | Jul 24, 2026, 8:52 AM
business
Key developments in Asia's technology and infrastructure sectors include Japan's AI transformation efforts, Taiwan's space economy ambitions, and India's first hydrogen-powered train launch.
Nikkei Asia | Jul 23, 2026, 1:01 PM
business
SoftBank-backed PayPay and Seven & i Holdings are finalizing plans to integrate their customer data, aiming to create a loyalty program with a combined user base of 100 million.
Nikkei Asia | Jul 23, 2026, 4:24 AM
business
Washington’s planned tariff could disrupt India’s pharmaceutical exports to the US, which accounted for 37% of its $26 billion pharma exports in 2025, while pushing Indian firms toward higher-value medicines.
Nikkei Asia | Jul 22, 2026, 12:44 PM
business
A senior executive at Unitree Robotics says the robotics industry is two to five years from a breakthrough akin to ChatGPT's impact on AI.
Nikkei Asia | Jul 22, 2026, 5:11 AM
global-institutions
The latest UN report shows a decrease in global hunger in 2025, yet warns that food insecurity remains widespread and progress toward ending hunger by 2030 is fragile and uneven across regions.
UN News | Jul 22, 2026, 3:43 AM
business
Moonshot AI, known for its Kimi K3 model, is preparing for a public listing in Hong Kong within six months as its valuation and revenue grow rapidly.
Nikkei Asia | Jul 21, 2026, 2:50 AM