Reuters:

Sources: Chinese DRAM chipmaker CXMT plans a Shanghai IPO as soon as Q1 2026, targeting an up to ~$42B valuation and aiming to raise between ~$2.8B and ~$5.6B  —  - Firm plans Shanghai IPO in first quarter of 2026  — Aims to raise funding of 20 billion to 40 billion yuan

Reuters:

Sources: Chinese DRAM chipmaker CXMT plans a Shanghai IPO as soon as Q1 2026, targeting an up to ~$42B valuation and aiming to raise between ~$2.8B and ~$5.6B  —  - Firm plans Shanghai IPO in first quarter of 2026  — Aims to raise funding of 20 billion to 40 billion yuan

Source: TechMeme
Source Link: http://www.techmeme.com/251021/p4#a251021p4