Asia Stocks Rise, CXMT Surges Amid Fed Meeting and Tech Earnings

By EC Assets · Published 27 July 2026

Asia stocks registered gains ahead of an anticipated Federal Reserve meeting and significant earnings disclosures from major technology companies. China's memory chipmaker CXMT experienced a substantial increase in its Shanghai debut. This week features numerous key economic and corporate events. CXMT, a Chinese memory chipmaker, saw its shares surge by 500% in its initial trading on the Shanghai market. This performance occurred as Wall Street prepared for a busy week of financial news. The week's agenda includes a Federal Reserve meeting, earnings reports from Big Tech companies, and inflation data. U.S. stock, index futures rallied, while oil prices declined. These market movements followed a pause in hostilities between the U.S. and Iran. This article is intended for informational purposes only. It does not constitute investment advice.