Capital · available

~$8.5B fresh IPO proceeds (up to ~$9.8B with 15% overallotment); + state 'Big Fund' backing (Big Fund specifics low-confidence)

high confidence · as of 2026-07-26 · about CXMT

Sourced figures 3

The Next Web — CXMT IPO raised ~$8.5B (57.9B yuan); ~$9.8B with overallotment; ~10% of company floated (~6.7B shares)
2026-07 high
SCMP — CXMT oversubscribed 212 times IPO oversubscribed ~212x retail / ~463x institutional preliminary bids
2026-07 high
kestrel board.yaml cxmt optionality axis 36.29% state-owned pre-IPO + Big Fund (state semiconductor fund)
2026-07 low

the working

Threads 2

Memory Squeeze developing
CXMT IPO open

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to CXMT.