CXMT perpetual CFDs - long or short, 24/7
Speculate on the price of China's largest memory-chip maker with perpetual CFDs. No expiry, no share ownership, and no market close - weekends and holidays included.¹
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China's memory-chip giant: Who is CXMT?
The company behind one of Asia’s biggest IPOs.
CXMT (ChangXin Memory Technologies) is China’s largest DRAM memory-chip maker that produces the high-performance memory used in smartphones, laptops, servers and AI computing infrastructure. As demand for AI and advanced computing grows, CXMT has become one of the most closely watched companies in the global memory-chip industry.
Following its blockbuster IPO on Shanghai's STAR Market on 27 July 2026, CXMT attracted global attention – raising $8.6 billion and becoming one of Asia's largest public offerings. The strong investor response pushed the company's valuation to around $487 billion, strengthening its position as a major player in China's semiconductor sector.2
CXMT perpetual CFDs at a glance
Before placing a trade, it’s important to understand these key product features.
| Features | |
|---|---|
| Full name | ChangXin Memory Technologies (CXMT) perpetual CFDs |
| Ticker | CXMT.CN-PERP |
| What you trade | A synthetic price that tracks the value of the CXMT company, rather than its actual shares listed on the Shanghai Stock Exchange. |
| Quote currency | USDC |
| Trading hours | 24/7, weekends and holidays included, never closes |
| Expiry/Rollover | No fixed expiry. |
| Funding/ Overnight swap rate | Funding is set weekly in advance and applied daily at rollover, 5pm NY time. Depending on the weekly rate, funding may be a cost or a credit. |
| Commission | No commission. |
| Contract size | 1 lot = 1 CXMT share |
| Margin | 20% Pro / 50% retail |
| Ownership | Synthetic CFD with no right to, or ownership of, CXMT shares. |
| Direction | Go long or short. |
| Platforms | TradingView, MetaTrader 5(MT5), cTrader, Pepperstone platform and app. |
Last updated: 5 August 2026
Why trade CXMT perp CFDs?
Gain access to a hard-to-reach market with the flexibility of perpetual CFDs.
Go long or short, 24/7
Take a view in either direction whenever news hits, day or night, weekends or holidays.
Transparent weekly funding
Know your costs in advance with a fixed weekly rate, set daily and no broker markup.
No expiry date
Hold your position for as long as your margin requirements are met.
Trade on familiar platforms
Access on the same regulated account and platforms you use. No crypto wallet needed.
Go long or short, 24/7
Take a view in either direction whenever news hits, day or night, weekends or holidays.
Transparent weekly funding
Know your costs in advance with a fixed weekly rate, set daily and no broker markup.
No expiry date
Hold your position for as long as your margin requirements are met.
Trade on familiar platforms
Access on the same regulated account and platforms you use. No crypto wallet needed.
How to start trading CXMT perp CFDs
Create account
Register, verify your identity, and select your preferred platform and account type.
Fund your account
Deposit using one of our secure payment methods.
Open your position
Set your contract size, stop and limit orders and view your fees before you hit buy or sell.
Monitor your trades
Adjust size and stops, manage risk and track news, earnings and price charts.
What could move the CXMT price?
There are several key factors that could influence CXMT's next move. Whatever your approach, manage your risk before you trade.
- Global demand for DRAM and HBM chips, driven by AI infrastructure, data centres, computers and smartphones.
- Sentiment across the broader AI and semiconductor investment cycle.
- Price moves in memory-sector peers like SK Hynix and Samsung.
- Shifts in investor confidence in Chinese equities, including government support for the domestic semiconductor industry.
Other semiconductor markets to keep an eye on
Explore CFDs on other shares and ETFs that may move in response to the same market trends influencing CXMT.
Samsung Electronics perp CFDs: A global leader in memory chips and HBM race.
SK Hynix perp CFDs: The leading supplier of high-bandwidth memory to Nvidia.
Micron Technology perp and share CFDs: A major producer of DRAM, NAND and HBM used in AI infrastructure.
DRAM ETF perp CFDs: An ETF focused on global memory and semiconductor
Samsung Electronics perp CFDs: A global leader in memory chips and HBM race.
SK Hynix perp CFDs: The leading supplier of high-bandwidth memory to Nvidia.
Micron Technology perp and share CFDs: A major producer of DRAM, NAND and HBM used in AI infrastructure.
DRAM ETF perp CFDs: An ETF focused on global memory and semiconductor
FAQs
CXMT is the trading name for ChangXin Memory Technologies, China's largest DRAM chipmaker, listed on Shanghai's STAR Market. With Pepperstone, you can trade CXMT as a perpetual CFD (CXMT.CN-PERP) rather than owning shares directly.
You can trade on CXMT through perpetual CFDs. Open and fund a Pepperstone account, access your preferred trading platform, search for CXMT.CN-PERP, and place your trade. Once your position is open, you can monitor it and manage your risk in real time. As a perpetual CFD, CXMT can be traded long or short, 24/7, including weekends, without an expiry date.
CXMT listed on Shanghai's STAR Market on 27 July 2026.
CXMT trades on Shanghai's STAR Market, the exchange focused on science and technology innovation companies.
Yes. As a perpetual CFD, CXMT.CN-PERP has no expiry date, so you can go long or short around the clock. Subject to Pepperstone's trading hours and liquidity.
On Pepperstone, CXMT trades under the symbol CXMT.CN-PERP.
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1 Perpetual CFDs are complex, high-risk leveraged products that may not be suitable for all traders. You do not own CXMT shares or receive shareholder rights. Trading is subject to Pepperstone's trading hours, liquidity, pricing, margin requirements and product terms.
2 Market data and valuation figures sourced from Reuters and Yahoo Finance on 27 July 2026.
* Total number of accounts held with the Pepperstone Group globally, correct as of 1 March 2026.