According to a Foresight News report, citing Hyperliquid News: Hyperliquid will list ChangXin Memory (CXMT). The new HIP-3 stock ticker was purchased by a participant using 500 HYPE tokens (about $32,625). The ticker corresponds to CXMT (ChangXin Memory), a China memory-chip manufacturer. The company is expected to conduct its IPO on July 27, and the related ticker will be listed on the IPOP board.

Also, according to monitoring by @ai_9684xtpa, on Hyperliquid’s order book there are buy orders for ChangXin Memory (CXMT) worth approximately $6.824 million placed around the $6 mark. If converted at that bid price and based on its 66.88 billion shares, the theoretical market value would be about RMB 2.7 trillion—already higher than Industrial and Commercial Bank of China (approximately RMB 2.66 trillion), which currently ranks first in the A-share market. However, it should be noted that this quoted price comes from pre-IPO perpetual contract limit orders and does not reflect the actual valuation.