Predict.fun lists a new prediction event: "ChangXin Memory Technologies (CXMT) IPO Closing Market Cap Ranking on First Day"

Monitoring by Odaily Seer shows that the prediction market Predict.fun has listed a new prediction event: "ChangXin Memory Technologies (CXMT) IPO Closing Market Cap Ranking on First Day," with a total trading volume of $93,000 so far.

On May 27, domestic memory chip giant ChangXin Memory Technologies successfully passed its IPO review on the STAR Market, planning to raise 29.5 billion yuan, potentially setting the second-largest IPO record in the history of the STAR Market.

Driven by the boom in the memory cycle, ChangXin Memory Technologies' revenue for the first quarter of 2026 reached 50.8 billion yuan, with a single-quarter net profit attributable to the parent company of 24.762 billion yuan, achieving a sharp turnaround from losses year-over-year. This strong profitability has led to extremely high market expectations for its valuation post-listing, with some believing it could challenge the top-tier market cap ranks of A-shares. According to settlement rules, this event will ultimately be settled based on the descending order of total market capitalization at the close of the "Shanghai, Shenzhen, and Beijing A-Share" segment on East Money Information.

The Odaily Seer channel continues to monitor prediction markets, observing changes before pricing occurs.