CXMT posted 90.1 billion yuan in single-day trading volume on its debut, setting a new A-share record. The stock opened at 49.5 yuan/share, up 471.59% from its 8.66 yuan IPO price, pushing its market cap past 3.3 trillion yuan. Turnover exceeded 50%, with one lot (500 shares) yielding over 20,000 yuan in paper profit. As China's only integrated IDM DRAM manufacturer, CXMT's debut ignited strong market sentiment. Nomura issued a 116 yuan/share price target, implying over 1,200% upside from the IPO price. Gate's CXMTUSDT perpetual contract is now trading with up to 10x leverage for both long and short positions. 👉Trade now

GateSquare

1h ago

🚀 Gate $CXMT (Changxin Storage) contract hot-coin airdrop is live and heating up!
Use Gate to trade $CXMT and seize opportunities from hot-asset price swings! Everyone shares a 50,000 USDT cash prize pool!
Triple rewards:
🔹 First contract trade → claim 5 USDT
🔹 Daily trading check-in → up to 35 USDT
🔹 Everyone trades to share → up to 200 USDT per person
👉 Participate now: https://gate.onelink.me/7pdk/85bcc47edd99c275

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Crypto_Buzz_with_Alex:

Registered for the event

Zayric12

3h ago

$MSTR is experiencing healthy profit-taking after a strong run but still trades in an overall constructive structure. Support lies near $89.50, with resistance around $94.50. A rebound from support could target 🎯 $98.00. Keep a stop-loss below $87.50. The next move depends on Bitcoin's strength, with buyers likely to defend dips
#CryptoMarketRecovery #CXMTGoesPublicGateContractTradingGainsEarlyMomentum #IntelQ2RevenueSurges25%

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BeautifulDay:

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EagleEye

3h ago

#CXMTGoesPublicGateContractTradingGainsEarlyMomentum
Gate Pre-Market Contracts Launch: $CXMT (Changxin Storage)
The crypto and trading market is constantly evolving, and one thing that always catches my attention is when new trading products give market participants more ways to express their views. The latest development from Gate is the launch of pre-market contracts for $CXMT (Changxin Storage).
For traders who like to follow emerging market opportunities and take positions ahead of major developments, this is certainly something worth keeping an eye on.
With the launch of $CXMT pre-mark

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Mr_Shah

07-19 00:12

#CXMTPreIPOContractIgnitesCommunity
CXMT's IPO Isn't the Biggest Story. The Market Pricing It Before Listing Is.
Every IPO begins with an offer price.
Very few begin with the market trying to rewrite that price before trading has even started.
That's exactly why I believe CXMT deserves more attention than a typical semiconductor listing.
On paper, the numbers are already historic. CXMT opened its STAR Market IPO subscription at 8.66 RMB ($1.28) per share, raising 57.9 billion RMB, making it the largest semiconductor IPO in A-share history. For China's semiconductor industry, this is a major m

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GateUser-723bd10a:

China’s stock market rises without limit on its first day.

Happy_Bird

07-18 01:09

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DragonFlyOfficial

07-17 04:14

CXMT's IPO Is Already Being Priced by Crypto Traders—A Glimpse Into the Future of Capital Markets?
‍#CXMTPreIPOContractIgnitesCommunity
The most interesting part of CXMT's IPO isn't happening on China's stock exchange.
It's happening on-chain.
Days before the company's official market debut, crypto traders have already begun assigning their own valuation through perpetual futures. Instead of waiting for the first trading session on the STAR Market, the market is attempting to answer one question early:
What is China's fastest-rising memory chip company really worth?
This convergence of tradit

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GateSquare2026-07-16 02:52:57

Gate pre-market contracts launch: $CXMT (Changxin Storage)
🔹 supports 1-10x long and short positions
🔹 leverage can be selected at the time of placing an order
Trading: https://www.gate.com/futures/USDT/CXMT_USDT
More: https://www.gate.com/zh/announcements/article/100682

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MrFlower_XingChen

07-16 16:03

#CXMTPreIPOContractIgnitesCommunity
Today isn't just about another IPO.
It's about how two different markets are assigning two very different values to the same company.
CXMT officially opened its STAR Market IPO subscription at 8.66 RMB per share (approximately $1.28), aiming to raise 57.9 billion RMB. If successful, it will become the largest semiconductor IPO in A-share history, reflecting China's growing investment in domestic memory-chip manufacturing.
But while the traditional market is still in its subscription phase, the crypto market has already started expressing its own opinion.
Wi

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Venüs_

07-16 18:05

#CXMTPreIPOContractIgnitesCommunity
Why This Listing Matters
$CXMT is one of China's leading memory manufacturers. It produces DRAM and is expanding into HBM and DDR5 technologies to compete with major global memory producers. The $CXMT pre-listing contract allows crypto traders to gain exposure to the company's expected market value before its public listing. Traders can open long or short positions using $USDT as collateral, with continuous market access and no traditional brokerage account required.
What $CXMT Is
$CXMT develops DRAM products for smartphones, personal computers, servers, an

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User_any

07-16 10:05

The intersection of traditional finance and decentralized markets is reaching a new milestone as the cryptocurrency space transforms a major state-backed equity event into a highly leveraged, speculative arena. At the center of this trend is ChangXin Memory Technologies, China's premier domestic DRAM memory chip manufacturer, which is preparing for a historic listing on the Shanghai Stock Exchange's high-tech STAR Market. Setting an official subscription price of 8.66 yuan, which is approximately 1.28 US dollars per share, the company is on track to raise 57.9 billion yuan, or roughly 8 billio

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CryptoChampion

07-16 14:43

🚨 Today the community is buzzing: Gate pre-market contract listing of $CXMT , with a massive whale long-vs-short battle now underway!
📈 $CXMT Only a few hours after launch, open contract positions have surpassed $23 million
📈 Whales’ ongoing long-vs-short standoff keeps playing out, with clear market divergence
📈 Volatility in pre-market trading has intensified, and capital attention continues to heat up
Everyone in the community is talking about:
🔥 Who do you think will win—longs or shorts?
🔥 Is it a good time to position early now, or should we wait for the official listing?
🔥 After C

CXMT15.70%