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。
August 13, 2026 at 7:11 PM
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Science & TechnologyCXMT Memory Chip Company Surges 500 Percent, Becomes Most Valuable Stock on Mainland Chinese Exchanges
Chinese memory chipmaker CXMT surged more than 500 percent on its Shanghai stock exchange debut. The company briefly became the most valuable stock on mainland China, surpassing Industrial and Commercial Bank of China.
Chinese domestic memory chipmaker CXMT Corp. achieved a record market debut on the Shanghai stock exchange. The company stock price surged more than 500 percent during its first trading day. Following its explosive debut, CXMT market capitalization briefly exceeded that of Industrial and Commercial Bank of China, making it the most valuable company traded on mainland Chinese exchanges. Industry analysts view this successful listing as a major milestone in China semiconductor independence and self-sufficiency. Market observers attribute CXMT explosive performance to strong investor demand for domestically produced chip technology. The company was established in 2018 and specializes in the research and development of NAND flash memory and DRAM chips.
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