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Chinese memory chip maker CXMT raised $8.6 billion in a record-breaking IPO on July 27, propelled by strong demand in the AI-driven memory sector.
Showing 1-24 of 73 articles.
world
Chinese optical parts maker Zhongji Innolight plans to price its Hong Kong IPO below the maximum, marking the city's largest share sale in nearly seven years.
CNA Latest News | Jul 27, 2026, 6:16 AM
business
Chinese memory chip maker CXMT raised $8.6 billion in Asia's largest IPO of 2026 amid the booming AI-driven semiconductor market.
Nikkei Asia | Jul 27, 2026, 3:06 AM
world
CXMT's market value tops China's stock market, surpassing ICBC after Asia's largest IPO in 2026.
CNA Latest News | Jul 27, 2026, 2:52 AM%22%2F%3E%0A%20%20%3Cpath%20d%3D%22M0%20706%20L1536%20432%20L1536%201024%20L0%201024%20Z%22%20fill%3D%22%23f4f1e8%22%20opacity%3D%220.18%22%2F%3E%0A%20%20%3Cpath%20d%3D%22M1060%200%20L1536%200%20L1536%201024%20L1250%201024%20Z%22%20fill%3D%22%23087d76%22%20opacity%3D%220.38%22%2F%3E%0A%20%20%3Crect%20x%3D%2284%22%20y%3D%2288%22%20width%3D%22210%22%20height%3D%2218%22%20fill%3D%22%23087d76%22%2F%3E%0A%20%20%3Ctext%20x%3D%2284%22%20y%3D%22164%22%20fill%3D%22%23ffffff%22%20font-family%3D%22Arial%2C%20Helvetica%2C%20sans-serif%22%20font-size%3D%2264%22%20font-weight%3D%22900%22%3EBUSINESS%3C%2Ftext%3E%0A%3C%2Fsvg%3E)
business
China’s largest memory chipmaker aims to raise over $8.54 billion in a record IPO as Nvidia tightens AI chip sales in Asia under U.S. pressure.
Nikkei Asia | Jul 16, 2026, 8:41 AM%22%2F%3E%0A%20%20%3Cpath%20d%3D%22M0%20706%20L1536%20432%20L1536%201024%20L0%201024%20Z%22%20fill%3D%22%23f3f5f7%22%20opacity%3D%220.18%22%2F%3E%0A%20%20%3Cpath%20d%3D%22M1060%200%20L1536%200%20L1536%201024%20L1250%201024%20Z%22%20fill%3D%22%23cc0000%22%20opacity%3D%220.38%22%2F%3E%0A%20%20%3Crect%20x%3D%2284%22%20y%3D%2288%22%20width%3D%22210%22%20height%3D%2218%22%20fill%3D%22%23cc0000%22%2F%3E%0A%20%20%3Ctext%20x%3D%2284%22%20y%3D%22164%22%20fill%3D%22%23ffffff%22%20font-family%3D%22Arial%2C%20Helvetica%2C%20sans-serif%22%20font-size%3D%2264%22%20font-weight%3D%22900%22%3EBUSINESS%3C%2Ftext%3E%0A%3C%2Fsvg%3E)
business
The top Chinese memory chip maker plans a record-breaking initial public offering amid a global shortage driven by AI infrastructure demand.
Nikkei Asia | Jul 14, 2026, 4:45 PM
business
Luxshare, Apple's largest supplier in China, raised $3.1 billion in Hong Kong's biggest listing of the year but saw its shares decline after debut trading.
Nikkei Asia | Jul 9, 2026, 2:53 AM
general
ChangXin Memory Technologies raises $8.6 billion in Shanghai listing, becoming mainland China’s most valuable exchange-listed company amid AI-driven chip demand.
Washington Times News | Jul 27, 2026, 12:32 PM
business
A Chinese historical epic promoting Taiwan unification was pulled from planned screenings after failing to receive final approval amid rising cross-strait tensions.
Nikkei Asia | Jul 27, 2026, 8:43 AM
business
Governor Perry Warjiyo steps down amid ongoing market challenges and concerns over central bank independence.
Nikkei Asia | Jul 27, 2026, 4:09 AM
business
Fast-fashion giant Shein plans a Hong Kong public listing following regulatory approval and draft prospectus release, challenging investor interest as global e-commerce slows.
Nikkei Asia | Jul 27, 2026, 3:09 AM
business
Key business developments in Asia include Shein’s anticipated Hong Kong IPO filing, CXMT’s Shanghai listing, and economic forecasts from AMRO amid regional challenges.
Nikkei Asia | Jul 27, 2026, 12:44 AM
world
China is rapidly emerging as a global AI competitor, with startups launching advanced models and securing significant investments.
CNA Latest News | Jul 26, 2026, 11:23 PM
world
Ongoing Middle East tensions disrupt aluminium can supply, forcing Coca-Cola to raise Diet Coke prices by over 10% across India.
South China Morning Post World | Jul 24, 2026, 8:52 AM
business
Key developments in Asia's technology and infrastructure sectors include Japan's AI transformation efforts, Taiwan's space economy ambitions, and India's first hydrogen-powered train launch.
Nikkei Asia | Jul 23, 2026, 1:01 PM
business
SoftBank-backed PayPay and Seven & i Holdings are finalizing plans to integrate their customer data, aiming to create a loyalty program with a combined user base of 100 million.
Nikkei Asia | Jul 23, 2026, 4:24 AM
business
Washington’s planned tariff could disrupt India’s pharmaceutical exports to the US, which accounted for 37% of its $26 billion pharma exports in 2025, while pushing Indian firms toward higher-value medicines.
Nikkei Asia | Jul 22, 2026, 12:44 PM
business
A senior executive at Unitree Robotics says the robotics industry is two to five years from a breakthrough akin to ChatGPT's impact on AI.
Nikkei Asia | Jul 22, 2026, 5:11 AM
global-institutions
The latest UN report shows a decrease in global hunger in 2025, yet warns that food insecurity remains widespread and progress toward ending hunger by 2030 is fragile and uneven across regions.
UN News | Jul 22, 2026, 3:43 AM
business
Moonshot AI, known for its Kimi K3 model, is preparing for a public listing in Hong Kong within six months as its valuation and revenue grow rapidly.
Nikkei Asia | Jul 21, 2026, 2:50 AM
business
Moonshot AI, known for its Kimi K3 model, is preparing for a public listing in Hong Kong within six months as its valuation and revenue grow rapidly.
Nikkei Asia | Jul 21, 2026, 1:40 AM
world
Renewed US attacks on Iran have closed the Strait of Hormuz, pushing oil prices higher. With US reserves depleted, China declines to deploy its strategic petroleum reserves to stabilize the market.
South China Morning Post World | Jul 21, 2026, 12:43 AM%22%2F%3E%0A%20%20%3Cpath%20d%3D%22M0%20706%20L1536%20432%20L1536%201024%20L0%201024%20Z%22%20fill%3D%22%23f3f5f7%22%20opacity%3D%220.18%22%2F%3E%0A%20%20%3Cpath%20d%3D%22M1060%200%20L1536%200%20L1536%201024%20L1250%201024%20Z%22%20fill%3D%22%23cc0000%22%20opacity%3D%220.38%22%2F%3E%0A%20%20%3Crect%20x%3D%2284%22%20y%3D%2288%22%20width%3D%22210%22%20height%3D%2218%22%20fill%3D%22%23cc0000%22%2F%3E%0A%20%20%3Ctext%20x%3D%2284%22%20y%3D%22164%22%20fill%3D%22%23ffffff%22%20font-family%3D%22Arial%2C%20Helvetica%2C%20sans-serif%22%20font-size%3D%2264%22%20font-weight%3D%22900%22%3EWORLD%3C%2Ftext%3E%0A%3C%2Fsvg%3E)
world
Moonshot AI halts new subscriptions for its Kimi K3 model due to capacity constraints while seeking fresh funding and planning a Hong Kong IPO.
CNA Latest News | Jul 20, 2026, 8:58 AM
world
At least eight people have died and 34 remain missing following a massive landslide in Pengshui County, with rescue operations complicated by unstable weather conditions.
CNA Latest News | Jul 19, 2026, 6:14 AM