ASEAN Speaks
ASEAN Speaks
Maybank
CXMT IPO Ignites Asia Market Momentum
14 minutes Posted Jul 27, 2026 at 8:09 am.
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In this episode, our host, Seng Yeow, opens with one of the biggest market events in Asia this week – the blockbuster IPO of Chinese DRAM maker, CXMT. Following its explosive Shanghai debut, he speaks with Hong Kong Strategist, Ben Ho, on why the listing could set the tone for regional technology stocks, how CXMT compares with global memory leaders and what its rapid rise means for the outlook of China's semiconductor industry.

We then turn to the upcoming FOMC meeting, where Head of Credit Research, Winson Phoon, explains why the Federal Reserve is expected to leave interest rates unchanged despite improving inflation and softer labour market data. He discusses whether credit markets have become too complacent, what investors should watch from the Fed's communication and how the interest rate outlook could affect Asian credit and broader financial markets.