The marquee listing of CXMT Corp. ignited a rush among retail investors as Chinas homegrown memory giant opened books for an initial public offering to raise $9.8 billion, the second-largest in the nations history.

The retail portion of the IPO was 212 times oversubscribed on Thursday, even after a clawback mechanism, with individual investors submitting 9.4 million orders, according to a Thursday filing.

中国本土存储巨头长鑫存储（CXMT）启动首次公开募股（IPO）簿记，拟募集资金 98 亿美元，创下中国历史上第二大 IPO 规模，这一重磅上市消息引发散户投资者抢购热潮。

根据周四提交的文件显示，即便启动了回拨机制，该首次公开募股（IPO）的零售部分仍获得 212 倍超额认购，个人投资者提交的订单数量高达 940 万笔。