ChangXin Memory Technologies debuts on Hyperliquid, offering overseas investors access to China’s top DRAM maker and STAR Market’s second-largest fundraising.
Hyperliquid has listed ChangXin Memory Technologies (CXMT), China’s largest DRAM manufacturer and the world’s fourth-largest by production capacity. The move allows overseas investors to trade CXMT, which is subject to a RMB 500,000 minimum account threshold on the STAR Market for domestic investors.
CXMT’s fundraising ranks second in STAR Market history, trailing only Semiconductor Manufacturing International Corp (SMIC). Media reports suggest it could become the largest IPO in A-share market history, reflecting strong demand for China’s semiconductor sector.
The listing follows the debut of the “CSI STAR Market 50 ETF,” expanding access to A-share assets for global traders.