China Economic Net

CXMT's inclusion in key index highlights China's appeal to global investors

Once a stock enters the MSCI China indexes, it draws tracking and allocation from more global passive funds. Market analysts noted that CXMT's inclusion will likely make it a new anchor for major ...
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Apple's CXMT memory deal fails on price

The Wall Street Journal reported on August 9 (local time) that Apple is in early negotiations to equip its products, ...

Chipmaker CXMT’s 466% market debut surge makes it the most valuable China-listed company

The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.

Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai debut

By Yantoultra Ngui and Samuel Shen SINGAPORE/SHANGHAI, July 27 (Reuters) - Shares of CXMT Corp soared 466% on their Shanghai ...

CXMT eyes second Beijing DRAM plant as China boosts chip capacity - report

CXMT plans a second Beijing DRAM fab, seeking 60B yuan funding to boost 12-inch wafer capacity and expand China’s memory ...

CXMT's blockbuster debut in Shanghai sets stage for next test against global memory giants

The company faces a challenge as it does not have access to the latest extreme ultraviolet, or EUV, lithography machines, ...

CXMT Narrows Gap With SK Hynix and Samsung in Smartphone Memory

China’s state-backed CXMT Corp. is poised to produce smartphone memory chips that are on par with the industry’s most ...
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Apple tests China's CXMT memory chips for iPhones and MacBooks

Apple has been testing memory chips from China's CXMT across product lines including iPhones and MacBooks to mitigate a component shortage fueled by the AI boom. Apple held early talks with CXMT, ...

How China DRAM champion CXMT’s MSCI entry could lure fund inflows, cement its top ranking

Chipmaker's inclusion in main global index system set to spur passive demand and spotlight China's growing semiconductor ...