China's CXMT Soars Over 460% in Record Shanghai STAR Market IPO, Surpasses Intel's Market Cap
Chinese memory chip maker CXMT raised $8.6 billion in Asia's largest IPO of 2026 amid the booming AI-driven semiconductor market.
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Chinese memory chip maker CXMT raised $8.6 billion in Asia's largest IPO of 2026 amid the booming AI-driven semiconductor market.
Showing 1-24 of 28 articles.
business
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.
Nikkei Asia | Jul 27, 2026, 2:03 AMworld
At least three companies showcased AI-powered smartphones capable of performing tasks via voice commands, signaling a potential shift in mobile technology.
CNA Latest News | Jul 19, 2026, 9:59 AMworld
ChangXin Memory Technologies aims to raise $8.5 billion in the largest mainland Chinese semiconductor IPO, surpassing previous records.
South China Morning Post World | Jul 15, 2026, 4:39 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
general
Shea Langeliers, a top MLB catcher and All-Star, suffered a torn meniscus that could sideline him for the remainder of the 2026 season, impacting trade market dynamics.
Fox News Latest | Jul 27, 2026, 2:21 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
Chinese technology companies are leveraging the global AI boom to grow internationally, with significant increases in both physical tech exports and cloud-based AI services.
South China Morning Post World | Jul 23, 2026, 11:05 AM
world
Luxury car sales from international brands in China dropped sharply as domestic electric vehicle makers gain market share, signaling a shift in consumer preferences.
South China Morning Post World | Jul 22, 2026, 4:45 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 AMworld
Industry leaders highlight that smaller, family-run businesses in China are embracing AI technologies faster than large enterprises, with market agility and reliable power supply seen as key factors in the global AI race.
South China Morning Post World | Jul 19, 2026, 6:20 AMworld
Last-minute tickets for the 2026 World Cup final at New York New Jersey Stadium have surged to record resale prices, surpassing even the 2024 Super Bowl.
Al Jazeera | Jul 18, 2026, 11:32 PMworld
Despite sky-high ticket prices and initial concerns over attendance, FIFA's dynamic pricing and demand management led to near sell-outs across matches in the United States-hosted 2026 World Cup.
CNA Latest News | Jul 18, 2026, 11:29 AMgeneral
Major League Baseball announced the 2027 schedule featuring an unprecedented March 24 Opening Day and a Wrigley Field All-Star Game, raising questions about labor negotiations and player readiness.
Fox News Latest | Jul 17, 2026, 7:35 AMgeneral
Major League Baseball announced the 2027 schedule featuring a record early start and a Wrigley Field All-Star Game, raising questions about player readiness and labor negotiations.
Fox News Latest | Jul 17, 2026, 7:21 AMworld
Chinese EV maker Xpeng plans mass production of its humanoid robot Iron by the end of 2026, aiming for global deliveries in 2027 as it competes with Tesla's Optimus in the emerging physical AI market.
South China Morning Post World | Jul 16, 2026, 11:32 PMgeneral
Norwegian soccer star Erling Haaland's taxidermied raccoon souvenir from the World Cup has caused a surge in demand, leaving a Dallas store sold out.
Fox News Latest | Jul 15, 2026, 8:37 PMworld
New data shows a gradual recovery in home prices across China’s major cities, reflecting improving market sentiment and the impact of housing stabilisation policies.
South China Morning Post World | Jul 15, 2026, 3:41 AM
general
Over 250 chefs and sommeliers awarded Superior Taste Awards to 19 coffees, including Lavazza and Café San Alberto, recognizing them for exceptional flavor and quality.
Fox News Latest | Jul 13, 2026, 4:30 PMbusiness
Despite previous debt restructuring efforts, Chinese private property developers continue to experience significant cash flow pressures in 2026.
Nikkei Asia | Jul 13, 2026, 8:45 AMbusiness
Despite previous debt restructuring efforts, Chinese private property developers continue to experience cash flow pressures as the real estate market remains weak.
Nikkei Asia | Jul 13, 2026, 8:27 AM
general
WNBA star Sophie Cunningham will launch her Adidas signature shoe, the Crazy Energy Sophie Cunningham PE, on July 24, highlighting her influence beyond basketball statistics.
Fox News Latest | Jul 11, 2026, 3:03 AM
business
Momenta raised $750 million in its IPO, with shares opening nearly 2% higher before ending flat amid investor caution over profitability.
Nikkei Asia | Jul 8, 2026, 8:26 AMShowing 1-24 of 28 articles.