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ChangXin Memory Technologies (CXMT)
Cháng Xīn Cúnchǔ
长鑫存储
today
jīnrì
今日
in / at
zài
在
Shanghai
Shànghǎi
上海
STAR Market (Shanghai innovation board)
kēchuàng bǎn
科创板
to list on stock exchange / to go public
shàngshì
上市
，
first day / opening day
shǒurì
首日
stock price
gǔjià
股价
price gain / increase
zhǎngfú
涨幅
to exceed / more than
chāoguò
超过
460 percent
460%
460%
。

China
Zhōngguó
中国
memory chip
cúnchǔ xīnpiàn
存储芯片
company
gōngsī
公司
ChangXin Memory Technologies (CXMT)
Cháng Xīn Cúnchǔ
长鑫存储
today
jīntiān
今天
in / at
zài
在
Shanghai
Shànghǎi
上海
STAR Market
kēchuàng bǎn
科创板
officially / formally
zhèngshì
正式
to list on the stock exchange
shàngshì
上市
，
first day
shǒurì
首日
stock price
gǔjià
股价
price gain
zhǎngfú
涨幅
to exceed
chāoguò
超过
460 percent
460%
460%
，
to become
chéngwéi
成为
China
Zhōngguó
中国
A-shares (mainland China stock market)
A gǔ
A股
market capitalization
shìzhí
市值
highest / largest
zuìgāo
最高
(structural particle)
de
的
company
gōngsī
公司
。

July 27, 2026 at 10:00 AM

July 27
7 yuè 27 rì
7月27日
，
ChangXin Memory Technologies
Cháng Xīn Cúnchǔ
长鑫存储
in / at
zài
在
Shanghai
Shànghǎi
上海
STAR Market
kēchuàng bǎn
科创板
officially
zhèngshì
正式
to list / to be registered on an exchange
guàpái
挂牌
to trade
jiāoyì
交易
。
company
gōngsī
公司
this time / current
běn cì
本次
IPO (initial public offering)
IPO
IPO
(structural particle)
de
的
issue price / offering price
fāxíng jiàgé
发行价格
is / set at
wèi
为
per share
měi gǔ
每股
8.66 Chinese yuan per share
8.66 yuán rénmínbì
8.66元人民币
。
listing / going public
shàngshì
上市
first day
shǒurì
首日
，
stock price
gǔjià
股价
rapidly / quickly
kuàisù
快速
to rise / to go up
shàngzhǎng
上涨
，
closing price
shōupán jià
收盘价
approximately / is about
yuē wèi
约为
per share
měi gǔ
每股
49 yuan
49 yuán
49元
。
compared to
xiāngbǐ
相比
issue price
fāxíng jià
发行价
，
gain / increase
zhǎngfú
涨幅
to exceed
chāoguò
超过
460 percent
460%
460%
，
to trigger / to draw
yǐnfā
引发
market
shìchǎng
市场
widespread / broad
guǎngfàn
广泛
attention / interest
guānzhù
关注
。
after listing
shàngshì
上市
after / following
hòu
后
，
company
gōngsī
公司
total market capitalization
zǒng shìzhí
总市值
approximately
yuē wèi
约为
3.3 trillion Chinese yuan
3.3 wànyì yuán rénmínbì
3.3万亿元人民币
，
approximately equivalent to
yuē hé
约合
$488 billion
4880 yì měiyuán
4880亿美元
。
ChangXin Memory Technologies
Cháng Xīn Cúnchǔ
长鑫存储
thus / as a result
yóucǐ
由此
to become
chéngwéi
成为
China
Zhōngguó
中国
A-share market
A gǔ
A股
market
shìchǎng
市场
market capitalization
shìzhí
市值
highest / largest
zuìgāo
最高
(structural particle)
de
的
listed company / public company
shàngshì gōngsī
上市公司
。
ChangXin Memory Technologies
Cháng Xīn Cúnchǔ
长鑫存储
is
shì
是
China
Zhōngguó
中国
largest
zuìdà
最大
(structural particle)
de
的
DRAM (dynamic random-access memory chip)
DRAM
DRAM
chip
xīnpiàn
芯片
manufacturer / maker
zhìzào shāng
制造商
。
analysts
fēnxī rénshì
分析人士
to believe / to think
rènwéi
认为
，
artificial intelligence
réngōng zhìnéng
人工智能
demand
xūqiú
需求
(structural particle)
de
的
explosive surge / rapid rise
bàofā
爆发
is
shì
是
to drive / to propel
tuīdòng
推动
company
gōngsī
公司
high-speed / rapid
gāosù
高速
to grow
chéngzhǎng
成长
(structural particle)
de
的
main / primary
zhǔyào
主要
driving force / momentum
dònglì
动力
。

News in English

Science & Technology

China Memory Chipmaker CXMT Surges Over 460 Percent on Shanghai Debut

Chinese memory chipmaker CXMT officially listed on the Shanghai STAR Market today with its stock surging over 460 percent, making it the most valuable company on the Chinese A-share market by market capitalization.

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