Categories: Business

Over 500% jump! Why CXMT skyrocketed on stock market debut to become China’s most valuable listed company

ChangXin Memory Technologies or CXMT, China’s largest manufacturer of DRAM chips, raised 57.92 billion yuan ($8.6 billion) through Asia’s biggest initial public offering this year.

The News Vista

Share
Published by
The News Vista

Recent Posts

Naples estate returns at $195 million after $100 million price cut

Gordon Pointe, a Naples waterfront estate, is now listed for $195 million. This price represents…

2 hours ago

Rare 1894 San Francisco dime sells for $1.25 million at auction

A rare 1894-S Barber dime has just sold for over one million dollars, reflecting its…

2 hours ago

China’s Air Force One: Inside Xi Jinping’s Boeing 747-8 Presidential Jet

China's presidential transport utilizes a specially converted Boeing 747-8I aircraft. This aircraft is branded with…

2 hours ago