{"id":545664,"date":"2026-07-27T04:28:11","date_gmt":"2026-07-27T04:28:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/545664\/"},"modified":"2026-07-27T04:28:11","modified_gmt":"2026-07-27T04:28:11","slug":"chinas-cxmt-jumps-471-on-debut-tops-intels-market-cap","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/545664\/","title":{"rendered":"China&#8217;s CXMT jumps 471% on debut, tops Intel&#8217;s market cap"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/business\/markets\/ipo\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">IPO<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">State-backed DRAM supplier rides AI boom to record IPO despite valuation concerns<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/07\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/7\/3.jpeg\" alt=\"20260724 CXMT\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">Chipmaker CXMT&#8217;s held a record IPO on the Shanghai STAR Market with its landmark\u00a0share sale on July 27. \u00a9 Reuters<\/p>\n<p>WATARU SUZUKI<\/p>\n<p>July 27, 2026 10:43 JST<\/p>\n<p>Updated on July 27, 2026 12:00 JST<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">SHANGHAI &#8212; Chinese memory chip maker CXMT jumped in its stock market debut on Monday, after raising at least 57.9 billion yuan ($8.6 billion) in Asia&#8217;s largest initial public offering so far this year.<\/p>\n","protected":false},"excerpt":{"rendered":"IPO State-backed DRAM supplier rides AI boom to record IPO despite valuation concerns Chipmaker CXMT&#8217;s held a record&hellip;\n","protected":false},"author":2,"featured_media":545665,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[268076,365,363,364,4464,4413,140136,35142,268077,17090,225,111,139,69,145,2726],"class_list":["post-545664","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-268076","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-cap","tag-chinas","tag-cxmt","tag-debut","tag-intels","tag-jumps","tag-market","tag-new-zealand","tag-newzealand","tag-nz","tag-technology","tag-tops"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/545664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=545664"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/545664\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/545665"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=545664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=545664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=545664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}