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China’s CXMT shares rise 472% on Star Market debut, valuing DRAM maker at US$489 billion

South China Morning Post

BusinessSouth China Morning Post·Jul 27, 2026·1 min read

China’s CXMT shares rise 472% on Star Market debut, valuing DRAM maker at US$489 billion

Shares of ChangXin Memory Technologies (CXMT), China’s leading maker of dynamic random-access memory (DRAM) chips, rose 472 per cent on their Shanghai trading debut, giving the company a market capitalisation of 3.31 trillion yuan (US$489…

View original source — South China Morning Post ↗

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