ChangXin Memory Technologies secures IPO approval to raise over $4B in China’s biggest chip listing
ChangXin Memory Technologies has received approval for an IPO aiming to raise over $4 billion, marking a significant event in China's tech sector. The funds will be used to enhance production capabilities and develop high-bandwidth memory. However, concerns about market liquidity have emerged due to the size of the offering and other upcoming tech IPOs.
- ▪ChangXin Memory Technologies plans to raise approximately 29.5 billion yuan, or $4.2 billion, through its IPO on the STAR Market.
- ▪The company reported a Q1 2026 revenue of 50.8 billion yuan, a sevenfold increase year-over-year, driven by a global DRAM shortage.
- ▪Proceeds from the IPO will be allocated to expanding DRAM production capacity and advancing manufacturing technology.
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ChangXin Memory Technologies secures IPO approval to raise over $4B in China’s biggest chip listing China's leading DRAM maker plans to use proceeds for production upgrades and high-bandwidth memory development, but the sheer size of the offering has investors nervous about market liquidity. Share Add us on Google by Editorial Team May. 27, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); China’s largest homegrown DRAM chipmaker…
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