The Changxin Technology listing could raise 66.607 billion yuan if the overallotment option is fully exercised, potentially making it Asia’s biggest IPO of 2026 so far and a record A-share semiconductor deal.
Changxin Technology has set its STAR Market IPO price at 8.66 yuan per share, with expected proceeds of 57.919 billion yuan before any overallotment. That is close to double its original 29.5 billion yuan fundraising plan. If the overallotment option is fully exercised, total proceeds would rise to 66.607 billion yuan. The deal could become the largest IPO in Asia so far in 2026 and set a fundraising record for a semiconductor company on China’s A-share market. Retail investors can subscribe on July 16.