🚨JUST IN: China’s CXMT explodes 470% in IPO debut CXMT, China's largest DRAM memory chipmaker, raised $8.6 billion in one of the country's biggest IPOs. Its shares surged from ¥8.60 to nearly ¥49 in their Shanghai trading debut, a gain of roughly 470%. The explosive rally instantly made CXMT one of China's most valuable listed companies.(Coin Bureau)