China Chipmaker CXMT Shares Surge 470% in Shanghai Trading Debut
CXMT's market value tops China's stock market, surpassing ICBC after Asia's largest IPO in 2026.
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CXMT's market value tops China's stock market, surpassing ICBC after Asia's largest IPO in 2026.
Showing 1-24 of 82 articles.
business
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.
Nikkei Asia | Jul 27, 2026, 2:03 AMworld
ChangXin Memory Technologies aims to raise $8.5 billion in the largest mainland Chinese semiconductor IPO, surpassing previous records.
South China Morning Post World | Jul 15, 2026, 4:39 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 AMworld
Mainland Chinese institutional investors are increasing their holdings in Hong Kong-listed biotechnology firms, attracted by favorable valuations and a rise in cross-border licensing agreements.
South China Morning Post World | Jul 16, 2026, 3:07 AMworld
Shares of South Korean chipmaker SK Hynix rose sharply in Seoul, buoyed by positive US inflation data and Barclays' bullish rating on its American Depositary Receipts.
CNA Latest News | Jul 15, 2026, 1:26 AM
business
Despite a record operating profit fueled by AI-related memory chip demand, Samsung’s shares dropped 6.9% as investors worry about a potential market glut.
Nikkei Asia | Jul 7, 2026, 8:29 AM
world
Asian markets gained on Wall Street optimism and easing oil prices, while Samsung Electronics anticipates a significant profit increase for Q2 2026.
CNA Latest News | Jul 6, 2026, 1:50 AM
world
SK Hynix plans one of the largest share sales globally, leveraging surging demand for AI-related semiconductor technology.
CNA Latest News | Jul 6, 2026, 1:00 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
global-institutions
Wildfires have surged across Europe, with Spain and France experiencing major blazes that have led to large-scale evacuations and emergency declarations.
UN News | Jul 24, 2026, 10:20 AM
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
world
President Donald Trump confronts challenges as Chinese AI models gain popularity, prompting US investigations and debates over intellectual property and market access.
CNA Latest News | Jul 24, 2026, 7:37 AM
business
Rising demand for central processing units amid AI infrastructure expansion drives Intel’s strongest quarterly revenue surge since 2011.
Nikkei Asia | Jul 24, 2026, 2:29 AM
business
Sky Perfect JSAT anticipates increased demand for satellite imagery and analytics in Southeast Asia as regional governments seek affordable surveillance solutions.
Nikkei Asia | Jul 24, 2026, 1:08 AM
politics
The accelerated depletion of U.S. interceptor and precision-guided weapon stockpiles amid the conflict with Iran is straining military readiness and production capabilities.
CBS Politics | Jul 24, 2026, 12:12 AM
business
Chinese memory chip maker CXMT's headquarters in Hefei highlights the city's strategic tech investment, distant from traditional hubs like Beijing and Shenzhen.
Nikkei Asia | Jul 23, 2026, 11:45 PM
business
Rising naphtha prices due to the Iran conflict have shifted Japan’s petrochemical strategy towards increased imports from China and South Korea.
Nikkei Asia | Jul 23, 2026, 9:17 PM
world
The European Union has eased restrictions on Russian gas transport to prevent Chinese investors from seizing critical liquefied natural gas shipping vessels, while sanctioning Chinese and Hong Kong entities for aiding Moscow’s war effort.
South China Morning Post World | Jul 23, 2026, 5:06 PM
world
Chinese technology companies are leveraging the global AI boom to grow internationally, with significant increases in both physical tech exports and cloud-based AI services.
South China Morning Post World | Jul 23, 2026, 11:05 AM
world
China criticizes France's new legislation aimed at curbing fast fashion, alleging it violates World Trade Organization rules and threatens Chinese firms.
CNA Latest News | Jul 22, 2026, 2:12 PM
world
Luxury car sales from international brands in China dropped sharply as domestic electric vehicle makers gain market share, signaling a shift in consumer preferences.
South China Morning Post World | Jul 22, 2026, 4:45 AM
business
Chinese trade curbs on rare earth elements have caused a dramatic price increase for dysprosium in Europe, while prices remain stable within China.
Nikkei Asia | Jul 21, 2026, 11:33 PM
world
China’s largest electric vehicle maker BYD reaches a production milestone in Brazil, expanding its footprint in South America while prompting strategic considerations in Europe.
South China Morning Post World | Jul 21, 2026, 8:31 AMShowing 1-24 of 82 articles.