Japanese semiconductor memory giant Kioxia Holdings was listed on the PRIME market, the highest level of the Tokyo Stock Exchange. The initial price after the first day of trading was 1,440 yen per share, down 1% from the issue price of 1,455 yen. The total market value calculated at the initial price is approximately 776.2 billion yen (approximately RMB 36.8 billion). Kioxia issued 21.56 million new shares when it went public, raising approximately 29 billion yen. Bain Capital and Toshiba, which hold its shares, will sell part of them, reducing their shareholdings from 56% and 40% to 51% and 30%, respectively.