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Ultima Markets Cross Ring
Ultima Markets Cross Ring

We are pleased to announce the launch of CXMTUSD (CXMT Corporation) 24/7 Stock on our platform starting August 1st 2026.

Symbol

Description

Leverage

Trading Time (GMT+3)

CXMTUSD

CXMT Corporation

5:1

Mon – Sun 00:00 – 24:00

About CXMT Corporation:

ChangXin Memory Technologies (CXMT) is China’s leading DRAM memory chip manufacturer, specializing in the design and production of DRAM products used in consumer electronics, AI servers, and other computing applications.

Founded in 2016 and headquartered in Hefei, CXMT has rapidly grown into the world’s fourth-largest DRAM supplier, holding around 8% of the global DRAM market.

The company plays a key role in China’s efforts to strengthen its domestic semiconductor industry and reduce reliance on foreign memory chip suppliers.

IPO Performance:

CXMT made its debut on the Shanghai Stock Market on 27 July 2026, delivering one of the strongest IPO performances in recent history.

The stock was priced at RMB 8.66 per share and closed its first trading day at RMB 49.00, representing a gain of approximately 466%.

During intraday trading, the shares surged as much as 535%, while daily turnover exceeded RMB 140 billion, making it the first A-share stock to surpass RMB 100 billion in single-day trading value.

Following its debut, CXMT became the largest listed company on China’s A-share market by market capitalization, reflecting strong investor optimism driven by the AI-driven memory upcycle and China’s semiconductor self-sufficiency strategy.

If you have any questions or require assistance, please do not hesitate to contact [email protected]