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CXMT shares make Shanghai debut after Asia’s biggest IPO of 2026

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CXMT made its Shanghai debut after raising $8.6 billion in Asia's biggest IPO of 2026.
The DRAM chipmaker entered the market at an $85.5-billion valuation.
A thin 6.73% free float is likely to amplify trading volatility.
The IPO underscores investor demand for semiconductor stocks in China.