China's CXMT Targets July 27 Shanghai Listing in Asia's Largest IPO This Year
ChangXin Memory Technologies (CXMT) is preparing to list on the Shanghai Stock Exchange on July 27, aiming to raise 29.5 billion yuan through an offering that began book-building on July 15. The company, now a top-four global DRAM producer with a 7.7% market share in 2025, says the capital will support capacity expansion and technology upgrades. Th…