The Business Times
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Tech IPO

Opinion & Features

China memory giant CXMT’s US$10 billion IPO is a flop

2026-07-28T10:00:00.000Z
The rally lifts CXMT’s market capitalisation to 3.3 trillion yuan.
Global Enterprise

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

2026-07-27T14:55:43.000Z
CXMT is the world’s fourth-largest DRAM maker and had a market share of about 7.7% in 2025
Global Enterprise

How did China’s DRAM champion CXMT become its most valuable listed company?

2026-07-27T07:18:47.000Z
CXMT has emerged as Beijing’s best hope of reducing dependence on foreign suppliers in areas including high-bandwidth memory.
Telcos, Media & Tech

CXMT poised to become biggest China-listed firm on trading debut amid memory chip investment frenzy

2026-07-26T07:06:53.000Z
SpaceX’s IPO spawned an estimated 4,400 millionaires, and some 400 employees now worth more than US$100 million.
Wealth & Investing

US blockbuster IPOs are creating new millionaires. Philanthropies want to share in the bonanza

2026-07-26T03:47:00.000Z
Innolight’s offering may catapult Hong Kong’s listing proceeds in 2026 past the nearly US$37 billion raised in 2025.
Companies & Markets

China’s Innolight eyes US$8 billion Hong Kong IPO, potentially city’s largest in 7 years

2026-07-20T04:45:05.000Z
Moonshot said its Kimi K3 model outperforms all rivals except for Anthropic’s Claude Fable 5 and OpenAI’s GPT-5.6 on overall capability.
Startups & Tech

China’s Moonshot plans IPO in 6 months after AI breakthrough

2026-07-19T06:48:18.000Z
SpaceX shares have been subject to volatility usually associated with new IPOs, surging nearly 50% over their first three days of trading.
Global Enterprise

SpaceX shares briefly slip below IPO price for first time as blistering rally unravels

2026-07-16T04:54:25.000Z
Investors are betting that a successful IPO will help finance CXMT’s future expansion plans and lift demand across China’s semiconductor landscape.
Companies & Markets

Shut out of China’s mega CXMT IPO, global investors hunt for creative backdoors

2026-07-16T02:57:05.000Z
Deepseek’s back-to-back fundraising plans underscore strong investor appetite for the company, but also point to the rising costs of competing in AI.
Technology

China’s DeepSeek to raise fresh capital at US$74 billion valuation ahead of onshore IPO

2026-07-15T03:57:19.000Z
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