Changxin Memory’s STAR Market Debut: A 466% Rally and RMB 3.28T Valuation
China’s domestic DRAM leader Changxin Memory Technology made its debut on the Shanghai STAR Market on 27 July, delivering what may go down as one of the most explosive opening sessions in A-share history. The company priced its IPO at $8.66 per share. At the opening bell, the stock rocketed to $49.50 — an intra-day … Read more