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CXMT cleared for IPO listing; could boost China's memory supply chain

, DIGITIMES Asia, Taipei
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Credit: AFP

ChangXin Memory Technologies (CXMT), China's top DRAM maker, has been cleared by China's securities regulator for its highly anticipated IPO, which could raise funds worth CNY29.5 billion (approx. US$4.4 billion) for the company. The Shanghai Stock Exchange...

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