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CXMT Can Rally More Than 1,200% on Market Share Win, Nomura Says

Bloomberg Technology Monday 27 July 2026, 04:14 UTC By Abhishek Vishnoi 1 min read
Key Points

CXMT Can Rally More Than 1,200% on Market Share Win, Nomura Says China’s memory-chip bellwether CXMT Corp. can extend its blockbuster stock market debut to rally 1,239% from its initial public offering price as it wins market share over time, according to Nomura Holdings Inc. The stock jumped as much as 535% to 55.03 yuan in its first day of trading in Shanghai, making the company China’s largest listed firm onshore. Formerly known as ChangXin Memory Technologies, the firm sold shares at...

CXMT Can Rally More Than 1,200% on Market Share Win, Nomura Says China’s memory-chip bellwether CXMT Corp. can extend its blockbuster stock market debut to rally 1,239% from its initial public offering price as it wins market share over time, according to Nomura Holdings Inc. The stock jumped as much as 535% to 55.03 yuan in its first day of trading in Shanghai, making the company China’s largest listed firm onshore. Formerly known as ChangXin Memory Technologies, the firm sold shares at 8.66 yuan apiece via the IPO.
CXMT (ORG) Market Share Win (ORG) Nomura (ORG) China (LOCATION) CXMT Corp. (ORG) Nomura Holdings Inc. (ORG) Shanghai (LOCATION) ChangXin Memory Technologies (ORG) IPO (ORG)
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