CXMT Prices $9.8B Shanghai IPO at $85.2B Valuation — China's DRAM Champion Now Has a War Chest
ChangXin Memory Technologies (CXMT) priced its Shanghai STAR Market IPO at 8.66 yuan per share on July 25, raising roughly $9.8 billion at an $85.2 billion valuation, with trading beginning July 27. T…