Chinese DRAM maker is set to raise 57.9 billion yuan (US$8.5 billion), nearly twice the amount earmarked for its investment projects China's leading memory chipmaker, ChangXin Memory Technologies ... ( read original story ...)
Chinese memory giant CXMT seeks US$9.8 bil in marquee IPO
China’s drive for semiconductor self-sufficiency is reaching a milestone as memory chipmaker CXMT Corp launches a near-record initial public offering. ( read original story ...)
ChangXin hopes to raise $8.5B in IPO as it takes advantage of global memory crunch: report
China's most prolific producer of high-bandwidth memory, plans to raise $8.5B in its initial public offering on the Shanghai Stock Exchange, which is slated for July 27, according to Reuters. HBM is a ... ( read original story ...)
CXMT seeks $10B in largest China IPO since 2010
CXMT plans to raise $8.55B in China's largest semiconductor IPO, surpassing SMIC's 2020 record as Beijing pushes for DRAM self-sufficiency. ( read original story ...)
5 years after Evergrande, why a China think tank says stock market signals a turnaround
Domestic A-shares have returned to near-2021 levels as real interest rates decline, though researchers warn a sustained recovery is not yet guaranteed The Evergrande debt crisis exposed ... ( read original story ...)
China’s DeepSeek prepares to list shares in Shanghai next year
AI developer needs more funds for costly research in race with Anthropic and other U.S. companies. ( read original story ...)
Shanghai gets ready for latest book fair
The 22nd Shanghai Book Fair will run from Aug 12 to 18 at the Shanghai Exhibition Center and Shanghai Book Mall, the city's Administration of Press and Publication announced on Tuesday. This year's ... ( read original story ...)