Event Brief
CXMT shares surge 500% in Shanghai IPO debut
Filed: Jul 27, 2026 at 4:00 AM ET
Summary: China memory chipmaker CXMT raised 57.92 billion yuan after pricing its IPO at 8.66 yuan per share.
WHO: CXMT
WHAT: CXMT priced its IPO at 8.66 yuan per share and raised 57.92 billion yuan, with shares jumping about 500% in its Shanghai debut.
WHEN: Jul 26, 2026 at 11:29 PM ET
WHERE: Shanghai, China
WHY: Cause not yet established.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
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