China's CXMT Soars 471% on Shanghai STAR Market Debut in Asia's Largest IPO of 2026
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.
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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 66 articles.
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 AMbusiness
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
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
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, 1:40 AM
world
Renewed US attacks on Iran have closed the Strait of Hormuz, pushing oil prices higher. With US reserves depleted, China declines to deploy its strategic petroleum reserves to stabilize the market.
South China Morning Post World | Jul 21, 2026, 12:43 AMworld
Moonshot AI halts new subscriptions for its Kimi K3 model due to capacity constraints while seeking fresh funding and planning a Hong Kong IPO.
CNA Latest News | Jul 20, 2026, 8:58 AMworld
At least eight people have died and 34 remain missing following a massive landslide in Pengshui County, with rescue operations complicated by unstable weather conditions.
CNA Latest News | Jul 19, 2026, 6:14 AMbusiness
The Cairo Monorail, spanning nearly 57 kilometers, aims to connect the city with a newly developed capital but currently faces low commuter usage.
Nikkei Asia | Jul 19, 2026, 4:21 AMworld
South Asia’s football capital passionately supports Argentina’s Lionel Messi during the 2026 World Cup, with the city’s rich football culture on full display.
Al Jazeera | Jul 18, 2026, 6:58 AMbusiness
Uzbekistan's abundant solar potential and green energy deals since 2020 have drawn interest from Saudi, UAE, and Japanese investors, signaling a move away from traditional gas reliance.
Nikkei Asia | Jul 17, 2026, 2:58 AMworld
A sudden crush during the annual chariot procession in Puri, Odisha, resulted in one fatality and numerous injuries, with rescue teams providing urgent medical aid.
South China Morning Post World | Jul 16, 2026, 10:50 PMworld
Following a wipeout in Johor, Malaysia’s Islamist party PAS aims to leverage its support base in the upcoming Negeri Sembilan state election, as Barisan Nasional leaves seats open for potential allies.
South China Morning Post World | Jul 16, 2026, 1:50 PMbusiness
The new liquefied natural gas facility in eastern Indonesia is set to become one of Asia's largest, enhancing energy security in the Indo-Pacific region.
Nikkei Asia | Jul 16, 2026, 10:51 AMbusiness
Japanese retail giant Seven & i Holdings is finalizing a major investment in Zabka Group, which operates around 10,000 franchised stores across Poland, marking a strategic expansion into Eastern Europe.
Nikkei Asia | Jul 16, 2026, 10:41 AMShowing 1-24 of 66 articles.