China's largest memory chipmaker sparks fears of a cash drain as it readies for public debut
business
Per CNBC, China's largest memory chipmaker, CXMT, is readying for a public stock market debut. The large listing has raised concerns that the IPO could pull investment capital away from other parts of China's equity market.
Source: https://www.cnbc.com/2026/07/24/cxmt-china-ipo-listing-ch...
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