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technology
kē jì
科技
·HSK 3

ChangXin Memory Technologies (Chinese DRAM maker)
Cháng Xīn Cúnchǔ
长鑫存储
at / in (location marker)
zài
在
Shanghai
Shànghǎi
上海
STAR Market (Shanghai tech innovation board)
Kēchuàng bǎn
科创板
to be listed on the stock market
shàngshì
上市
，
first day of trading
shǒurì
首日
share price
gǔjià
股价
to surge sharply / to skyrocket
bàozhǎng
暴涨
approximately
yuē
约
470 percent
470%
470%
。

China
Zhōngguó
中国
the largest
zuìdà
最大
memory (computing)
nèicún
内存
chip / semiconductor
xīnpiàn
芯片
manufacturer / maker
zhìzàoshāng
制造商
ChangXin Memory Technologies
Cháng Xīn Cúnchǔ
长鑫存储
July 27
qī yuè èrshíqī rì
7月27日
to make its debut on
dēnglù
登陆
Shanghai
Shànghǎi
上海
STAR Market
Kēchuàng bǎn
科创板
，
first day of trading
shǒurì
首日
share price
gǔjià
股价
to surge sharply
bàozhǎng
暴涨
approximately
yuē
约
470 percent
470%
470%
，
total market capitalization
zǒng shìzhí
总市值
reaching approximately
yuē dá
约达
3.3 trillion yuan (CNY)
3.3 wànyì yuán rénmínbì
3.3万亿元人民币
。
this time / this particular
cǐcì
此次
IPO (initial public offering)
IPO
IPO
fundraising / funds raised
mùzī
募资
approximately
yuē
约
66 billion yuan
660 yì yuán
660亿元
，
to be / is
shì
是
this year
jīnnián
今年
Asia
Yàzhōu
亚洲
scale / size
guīmó
规模
the largest
zuìdà
最大
(structural particle)
de
的
initial public offering (IPO)
shǒucì gōngkāi mùgǔ
首次公开募股
。

July 29, 2026 at 12:00 PM

ChangXin Memory Technologies
Cháng Xīn Cúnchǔ
长鑫存储
to be / is
shì
是
China
Zhōngguó
中国
the largest
zuìdà
最大
(structural particle)
de
的
memory (computing)
nèicún
内存
chip / semiconductor
xīnpiàn
芯片
company
gōngsī
公司
，
headquarters
zǒngbù
总部
located at / situated in
wèiyú
位于
Anhui Province
Ānhuī shěng
安徽省
Hefei City
Héféi shì
合肥市
。
July 27
qī yuè èrshíqī rì
7月27日
，
this (for companies)
zhè jiā
这家
company
gōngsī
公司
officially / formally
zhèngshì
正式
at / on
zài
在
Shanghai Stock Exchange
Shànghǎi Zhèngquàn Jiāoyìsuǒ
上海证券交易所
STAR Market
Kēchuàng bǎn
科创板
to be listed
guàpái
挂牌
to go public
shàngshì
上市
。
stock listing
shàngshì
上市
first day of trading
shǒurì
首日
，
share price
gǔjià
股价
from
cóng
从
issue price / IPO price
fāxíngjià
发行价
8.66 yuan per share
8.66 yuán
8.66元
to rise / to increase
shàngzhǎng
上涨
to / reaching
zhì
至
approximately
yuē
约
49 yuan per share
49 yuán
49元
，
gain / increase rate
zhǎngfú
涨幅
close to / approaching
jiējìn
接近
470 percent
470%
470%
。
this time / this particular
cǐcì
此次
IPO (initial public offering)
IPO
IPO
to raise capital
mùzī
募资
approximately
yuē
约
66 billion yuan (CNY)
660 yì yuán rénmínbì
660亿元人民币
，
to be / is
shì
是
this year
jīnnián
今年
Asia
Yàzhōu
亚洲
scale / size
guīmó
规模
the largest
zuìdà
最大
(structural particle)
de
的
initial public offering (IPO)
shǒucì gōngkāi mùgǔ
首次公开募股
。
stock listing
shàngshì
上市
after / following
hòu
后
，
ChangXin Memory Technologies
Cháng Xīn Cúnchǔ
长鑫存储
(structural particle)
de
的
total market capitalization
zǒng shìzhí
总市值
amounting to approximately
yuē wéi
约为
3.3 trillion yuan (CNY)
3.3 wànyì yuán rénmínbì
3.3万亿元人民币
，
equivalent to approximately
yuē hé
约合
$480 billion USD
4800 yì měiyuán
4800亿美元
。
this (company)
zhè jiā
这家
company
gōngsī
公司
now
xiànzài
现在
to be / is
shì
是
China
Zhōngguó
中国
market capitalization
shìzhí
市值
highest / top
zuìgāo
最高
(structural particle)
de
的
tech company
kējì gōngsī
科技公司
one of
zhī yī
之一
。
in / at
zài
在
global / worldwide
quánqiú
全球
market
shìchǎng
市场
on (location particle)
shàng
上
，
ChangXin Memory Technologies
Cháng Xīn Cúnchǔ
长鑫存储
currently / at present
mùqián
目前
to be
shì
是
the fourth-largest
dì sì dà
第四大
DRAM (dynamic random-access memory)
DRAM
DRAM
memory chip
nèicún
内存
producer / manufacturer
shēngchǎnshāng
生产商
。
the company
gōngsī
公司
to state / to indicate
biǎoshì
表示
，
will (future marker)
jiāng
将
to use / using
yòng
用
the raised funds
mùjí zījīn
募集资金
to expand
kuòdà
扩大
production scale
shēngchǎn guīmó
生产规模
、
to increase / to intensify
jiādà
加大
R&D / research and development
yánfā
研发
investment / input
tóurù
投入
。

News in English

Science & Technology

CXMT Shares Surge 470% in Historic Shanghai STAR Market Debut

China largest DRAM maker CXMT debuted on the Shanghai STAR Market on July 27, with shares surging about 470% to push market capitalization to 3.3 trillion yuan. The IPO raised about 66 billion yuan, making it Asia largest share offering of the year.

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United States
Měiguó
美国
Federal Communications Commission (FCC)
Liánbāng Tōngxìn Wěiyuánhuì
联邦通信委员会
to issue / to announce
fābù
发布
ban / prohibition order
jìnlìng
禁令
，
to prohibit / to ban
jìnzhǐ
禁止
to import
jìnkǒu
进口
foreign
wàiguó
外国
manufactured / made
zhìzào
制造
(structural particle)
de
的
humanoid robot
rénxíng jīqìrén
人形机器人
。

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Moonshot AI (Chinese AI startup)
Yuè zhī àn miàn
月之暗面
to release / to publish
fābù
发布
global / worldwide
quánqiú
全球
the largest
zuìdà
最大
open-weight (AI model weights)
kāiyuán quánzhòng
开源权重
model (AI)
móxíng
模型
Kimi K3 (AI model by Moonshot AI)
Kimi K3
Kimi K3
。

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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 Memory Chipmaker CXMT Surges Over 460 Percent on Shanghai Debut

Anthropic
Anthropic
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to release
fabu
发布
Claude
Claude
Claude
Opus
Opus
Opus
5
5
5
model
moxing
模型
。

Anthropic Launches Claude Opus 5 Flagship AI Model