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Global Market: CXMT's $8.6 billion IPO draws strong demand despite cooling enthusiasm for chip stocks
Chinese memory chipmaker CXMT Corp's IPO saw oversubscription by institutional investors. This robust demand highlights continued investor interest in China's semiconductor sector. The company's listing is expected later this month on Shanghai's STAR Market. This event will gauge investor appetite for upcoming technology listings. CXMT is a major global producer of widely used DRAM chips.
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economictimes.indiatimes.com
Global Market: CXMT's $8.6 billion IPO draws strong retail demand, but investor caution persists
Chinese memory chipmaker CXMT's IPO attracted strong retail investor interest. The retail tranche was oversubscribed by 243.93 times, showing robust demand. This oversubscription…
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scmp.com
Chinese memory giant CXMT oversubscribed 212 times in mega Shanghai IPO
Nearly 10 million investor accounts apply for a rare listed proxy on Beijing’s semiconductor self-reliance drive.
