ChangXin Memorychǎngxīn cunchu长鑫存储Initial Public OfferingIPOIPOto raise capitalrongzi融资868686hundred million dollarsyì měiyuán亿美元
July 24, 2026 at 5:13 AM
New Words
News in English
Science & TechnologyDomestic Chip Maker ChangXin Memory Raises $8.6 Billion in Shanghai IPO
ChangXin Memory Technology, Chinas domestic DRAM chip manufacturer, raised $8.6 billion in its Shanghai Stock Exchange debut, setting a record for Chinese technology sector financing and reflecting strong investor confidence in domestic semiconductor advancement.
ChangXin Memory Technology Co. made its successful public debut on the Shanghai Stock Exchange today, marking a major milestone for Chinas domestic semiconductor development. The companys IPO raised $8.6 billion in financing, establishing itself as one of the largest capital raises in Chinas technology sector. The firm specializes in producing DRAM chips, which are essential components found in computers, servers, and smartphones. As Chinas first independently developed domestic DRAM chip manufacturer, ChangXin Memory plays a crucial role in narrowing the technology gap and advancing Chinas chip self-sufficiency. The market response demonstrated extraordinary enthusiasm, with institutional investor subscriptions exceeding available shares by more than 500 times, reflecting unprecedented support for domestically produced semiconductor companies. The companys successful listing marks an important new phase in Chinas independent and controllable chip strategy.
More in Science & Technology
Honorróngyao荣耀launchestuīchū推出robotjīqìrén机器人smartphoneshǒujī手机equipped withpèizhì配置motorizeddiàndòng电动gimbalyúntái云台camerashèxiàngtou摄像头。
Honor Launches Robot Phone with Motorized Gimbal Camera Technology
domestically producedguóchǎn国产chipxīnpiàn芯片CXMT memory chipmakerCXMTCXMTsurgebiāoshēng飙升500 percentwǔbǎi percent500%becomechéng成domesticguónèi国内market valueshìzhí市值highestzuìgāo最高stockgǔpiào股票。
CXMT Memory Chip Company Surges 500 Percent, Becomes Most Valuable Stock on Mainland Chinese Exchanges
United States / AmericanMěiguó美国space agency / NASAyǔháng jú宇航局to find / to discoverzhǎodào找到newxīn新method / wayfāngfǎ方法to extend / to prolongyáncháng延长Voyager 2 (spacecraft)Lǚxíngzhě 2 hào旅行者2号to use / operationshǐyòng使用lifespan / service lifeshòumìng寿命。
NASA Engineers Find New Way to Extend Voyager 2 Mission After 49 Years in Space
global / worldwidequánqiú全球semiconductorbàndǎotǐ半导体second quarter / Q2dì-èr jìdù第二季度sales revenuexiāoshòué销售额to set (a record)chuàng创all-time record highlìshǐ xīngāo历史新高。
Global Semiconductor Sales Hit Record 403 Billion Dollars in Q2 2026