Trading in shares of China’s CXMT (ChangXin Memory Technologies), a Chinese DRAM memory manufacturer and the world’s fourth-largest memory…
Trading in shares of China’s CXMT (ChangXin Memory Technologies), a Chinese DRAM memory manufacturer and the world’s fourth-largest memory chipmaker (after Samsung, SK Hynix, and Micron). Q1 2026 revenue ~50.8B yuan (~$7.5B). IPO price: $1.28 (8.66 yuan). Shares opened at 49.50 yuan (~$7.30) and rose as high as around 55 yuan (~$8.10). Made 6x+ The company instantly became the most valuable company listed in mainland China. MC: ~$500 billion
The excerpt is quoted from a public Telegram channel, which owns its text.