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CXMT receives Shanghai bourse approval for IPO on Star Market

CXMT, China's top DRAM maker, won Shanghai Stock Exchange approval for a $4.2B IPO on the STAR Market after posting 1,688% profit growth in Q1 2026.

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cryptobriefing.comStai leggendo16 h fa

CXMT, China's top DRAM maker, won Shanghai Stock Exchange approval for a $4.2B IPO on the STAR Market after posting 1,688% profit growth in Q1 2026.

China’s top DRAM maker seeks to raise $4.3 billion as an AI-driven memory shortage boosts valuations and opens a window for domestic supplier