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MarketsGlobal / Other·Ranked Wednesday, July 29, 2026

Chinese chip giant defies US pressure with 466% debut surge

Chinese chipmaker CXMT surges 466% in Asia IPO despite US sanctions.

Chinese chip giant defies US pressure with 466% debut surge

CXMT’s shares surged 466% in Asia’s biggest IPO of 2026, making the firm mainland China’s most valuable listed company despite US export curbs

AI score breakdown

#16 that day3.40/ 10
Technology breakthrough · weight 30%2/10
Economic impact · weight 25%7/10
Job impact · weight 20%2/10
Regional relevance · weight 15%1/10
Policy & geopolitics · weight 10%5/10

Composite is the weighted sum of the five dimensions. How scoring works →