China’s CXMT aims to raise ₹82,000 cr in Asia’s largest IPO in 2026 so far

Chinese chipmaker ChangXin Memory Technologies aims to raise about 57.9 billion yuan (over ₹82,000 crore) in what is expected to be Asia's biggest IPO of 2026. The offering will be China's largest A-share semiconductor IPO, surpassing SMIC's 2020 share sale. The company is scheduled to list on ​July 27 on the Shanghai Stock Exchange, according to sources.