China memory chipmaker CXMT skyrockets 500% in blockbuster Shanghai debut

The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.

# China memory chipmaker CXMT skyrockets 500% in blockbuster Shanghai debut The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share. **Read the full article:** [CNBC](https://www.cnbc.com/2026/07/27/cxmt-china-market-debut-chipmaker-ipo.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*