12:00
2026-07-16
scmp.com
ai-infrastructure
CXMT’s mega IPO draws frenzy from retail investors to DeepSeek founder’s fund
CXMT, a Chinese memory-chip maker, drew massive demand from retail investors and DeepSeek founder Liang Wenfeng for its blockbuster IPO on Shanghai's Star Market, aiming to raise up to 66.6 billion yu…