Fan ChangXin Memory Tech · Jul 30, 2026 · 1:56 PM UTC

Fan ChangXin Memory Tech

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Recently China there was a massive IPO for $CXMT CXMT momentarily become China's largest private company at ~$500billion Crashing the Korean stock market, and Micron stock price (down 20% since CXMT IPO) in the process They make DRAM sticks just like Micron in the US, SK Hynix in Korea It is one of the most talked viral topics in the Chinese financial market. See here 👇 and it still hasn’t been properly tokenised. xitter.cf/search?q="cxmt"%20or%20"changxin%20memory%20technologies"&src=typed_query&f=top This CXMT project is paired with SK Hynix which is one of the most talked about stocks in Asia right now related to DRAM. China vs Korea. Market moving in the trillions.

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The Kobeissi Letter

@KobeissiLetterJul 27

BREAKING: Chinese memory chipmaker CXMT closes +465% higher in its first day of trading, officially making it the most valuable company listed in China. The rally sent the stock's market cap up from $85.5 billion during the IPO process to nearly $500 billion today.