CXMT prices massive IPO at 8.66 RMB as China’s semiconductor ambitions hit the public markets
CXMT's IPO could intensify global semiconductor competition, potentially lowering chip prices and advancing China's tech self-sufficiency goals. The post CXMT prices massive IPO at 8.66 RMB as…
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CXMT sold 7.69 billion shares at 8.66 yuan (US$1.3) each, including a 1 billion-share overallotment option.
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