Chinese Storage Giant ChangXin Memory Begins IPO Counseling, Previously Valued at $19.5 Billion · TechNode

Chinese storage giant ChangXin Memory begins IPO counseling, previously valued at $19.5 billion · TechNode

According to the China Securities Regulatory Commission, ChangXin Memory Technologies (CXMT), a leading domestic DRAM manufacturer, has entered the listing counseling process, which is a key step in the pre-IPO regulatory procedure in China’s capital markets. The counseling document discloses that CXMT has a registered capital of RMB 60.19 billion ($8.4 billion) and no controlling shareholder. Its largest shareholder is Hefei Qinghui Integrated …

ChangXin Memory Technologies Begins IPO Counseling, Previously Valued Over RMB 140 Bn in Primary Market - YT FINANCE

The post ChangXin Memory Technologies Begins IPO Counseling, Previously Valued Over RMB 140 Bn in Primary Market appeared first on YT FINANCE.