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China’s CXMT Seeks $4.3 Billion in Shanghai IPO

OBBM Network Editorial Staff
July 8, 2026
China S Cxmt Seeks 4 3 Billion In Shanghai Ipo

Chinese memory chipmaker Changxin Memory Technologies (CXMT) said on Thursday it will start book-building on July 15 for its Shanghai initial public offering as it seeks to raise 29.5 billion yuan ($4.34 billion).

CXMT will take investor subscriptions on July 16, it said in an exchange filing.

Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.

OBBM Network Editorial Staff

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Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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