ChangXin Technology Seeks RMB 29.5 Billion in STAR Market IPO to Fund Chip Expansion
ChangXin Technology Group, the parent company of China's leading domestic memory chipmaker ChangXin Memory Technologies (CXMT), has had its application accepted for an initial public offering on the Shanghai STAR Market. The company plans to raise RMB 29.5 billion (US$4.07 billion), marking the second-largest