BusinessChinese Memory Chip Maker CXMT Launches IPO on STAR Market
ChangXin Memory Technologies (CXMT), China's largest DRAM chip manufacturer, has initiated its initial public offering (IPO) process on the Shanghai STAR Market. The subscription is scheduled for July 16, with the company aiming to raise approximately 29.5 billion yuan, one of the largest offerings this year. CXMT holds a leading position in China's DRAM market, competing with global giants like Samsung, SK Hynix, and Micron.
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