ChangXin Memory Technologies plans to list on the STAR Market of the Shanghai Stock Exchange on July 27, with an initial market capitalization of approximately RMB 580 billion. UBS research reports that the DRAM industry’s supply-demand imbalance is expected to persist until the second quarter of 2028. Zhang Xiaorong stated that after listing, ChangXin is highly likely to reach a market capitalization of RMB 1 trillion. Daniel Haylor believes ChangXin holds competitive advantages in the mobile memory market. Wang Jiyue forecasts ChangXin’s valuation could reach RMB 2 to 3 trillion. Citic Securities expects the memory supply shortage to continue until 2027. Reuters anticipates its market capitalization could exceed RMB 3 trillion, potentially reaching RMB 5 trillion. Multiple domestic Chinese investment banks predict ChangXin’s market capitalization could approach RMB 2 to 3 trillion. Financial Times analysts expect ChangXin’s valuation to reach RMB 3 trillion. Some institutions believe ChangXin’s peak market capitalization could surpass RMB 3 trillion, even reaching RMB 4 trillion. Third-party research estimates ChangXin’s long-term steady-state market capitalization will fall within the range of RMB 1.6 to 2.2 trillion.
CXTECH Plans July 27 Listing on the Sci-Tech Innovation Board with a Broad Valuation Range
AiCoinShare
Summary
CXTECH is set for an exchange listing event on July 27, marking its debut on the Shanghai Stock Exchange’s Sci-Tech Innovation Board. The company’s initial valuation is estimated at 580 billion yuan, though forecasts range from 1.6 trillion to 5 trillion yuan. UBS anticipates DRAM shortages to persist until Q2 2028, while Zhang Xiaorong and Daniel Haylor highlight CXTECH’s potential for blockchain innovation in mobile memory. CITIC Securities and Reuters also anticipate strong demand, with some analysts projecting a peak valuation exceeding 4 trillion yuan.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.