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CXMT soars 466% on debut, briefly claiming China's most valuable listed slot in mainland's biggest IPO since 2010

7/27/2026

466% is the first-day return CXMT posted at its mainland market debut.

The gain pushed the Chinese chip maker briefly to the top of China's domestic market-cap table, in what source material identifies as the largest initial public offering on the mainland since 2010.

The number and its gaps A 466% print is the controlling figure. The source does not supply an offer price, a closing price, volume handled, or float size. For a move this size, those omissions matter.

First-day returns in debut sessions can reflect genuine demand compression from a tight allocation, or thin liquidity against a small tradeable float.