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CXMT raises $8.6 billion in Asia's largest IPO of 2025 on market debut

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ChangXin Memory Technologies (CXMT), China's largest DRAM chip manufacturer, made its stock market debut with a blockbuster IPO. The company raised 57.92 billion yuan, equivalent to approximately $8.6 billion, through the offering. This made it the biggest initial public offering in Asia so far this year. The strong market debut propelled CXMT to become China's most valuable listed company.

Read the full story at Times of India

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CXMT raises $8.6 billion in Asia's largest IPO of 2025 on market debut · ShortSingh