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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 50 articles.
business
The Shanghai Stock Exchange's STAR Market gains prominence as CXMT becomes the most valuable company on mainland Chinese markets following its July 27 debut.
Nikkei Asia | Jul 30, 2026, 12:32 AM
business
The Shanghai Stock Exchange's STAR Market gains prominence as chipmaker CXMT becomes the most valuable company on mainland Chinese markets following its July 27 debut.
Nikkei Asia | Jul 29, 2026, 5:56 PM
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%22%2F%3E%0A%20%20%3Cpath%20d%3D%22M0%20706%20L1536%20432%20L1536%201024%20L0%201024%20Z%22%20fill%3D%22%239fd2d6%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%23c23b22%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%23c23b22%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%3EWORLD%3C%2Ftext%3E%0A%3C%2Fsvg%3E)
world
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
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
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%23f7d56b%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%23d01f2f%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%23d01f2f%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%3EWORLD%3C%2Ftext%3E%0A%3C%2Fsvg%3E)
world
At least three companies showcased AI-powered smartphones capable of performing tasks via voice commands, signaling a potential shift in mobile technology.
CNA Latest News | Jul 19, 2026, 9:59 AM
business
Momenta raised $750 million in its IPO, with shares opening nearly 2% higher before ending flat amid investor caution over profitability.
Nikkei Asia | Jul 8, 2026, 8:26 AM
world
At the upcoming World Artificial Intelligence Conference in Shanghai, Huawei will debut its Atlas 950 SuperPoD computing cluster and unveil the world’s first AI agent phone amid China’s growing AI technology market.
South China Morning Post World | Jul 7, 2026, 10:18 AM
world
Central bankers at the ECB's annual conference in Portugal focus on the profound economic impacts and risks posed by artificial intelligence.
CNA Latest News | Jul 1, 2026, 4:36 PM
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
world
The Shanghai Clearing House aims to strengthen Shanghai's role in offshore yuan derivatives clearing and support yuan internationalisation through expanded clearing services and regulatory reforms.
South China Morning Post World | Jul 29, 2026, 12:04 AM
world
Chinese brands are increasingly favored by domestic consumers and expanding overseas, reflecting a shift in perception and rising interest in Chinese culture and design.
CNA Latest News | Jul 28, 2026, 10:25 PM
general
Shea Langeliers, a top MLB catcher and All-Star, suffered a torn meniscus that could sideline him for the remainder of the 2026 season, impacting trade market dynamics.
Fox News Latest | Jul 27, 2026, 2:21 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
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
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
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 AM
world
The couple, linked since 2023, wed in a private ceremony attended by family and close friends at a Hollywood Hills estate.
BBC World | Jul 20, 2026, 12:23 AM
world
Industry leaders highlight that smaller, family-run businesses in China are embracing AI technologies faster than large enterprises, with market agility and reliable power supply seen as key factors in the global AI race.
South China Morning Post World | Jul 19, 2026, 6:20 AM
world
Last-minute tickets for the 2026 World Cup final at New York New Jersey Stadium have surged to record resale prices, surpassing even the 2024 Super Bowl.
Al Jazeera | Jul 18, 2026, 11:32 PM%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%3EWORLD%3C%2Ftext%3E%0A%3C%2Fsvg%3E)
world
Despite sky-high ticket prices and initial concerns over attendance, FIFA's dynamic pricing and demand management led to near sell-outs across matches in the United States-hosted 2026 World Cup.
CNA Latest News | Jul 18, 2026, 11:29 AM