Thursday, 23 July 2026 · World
USD/EUR 0.8764 USD/GBP 0.7477 USD/JPY 163.1 USD/CNY 6.782 All rates →
RSS
EUROS The World Financial Report
Nº 12 Thursday, 23 July 2026 · World Edition
LATEST
Asia

Global Market: CXMT's blockbuster IPO rewards Hefei's decade-long semiconductor investment

Markets-Economic Times · 2h ago · 🇮🇳 India
Global Market: CXMT's blockbuster IPO rewards Hefei's decade-long semiconductor investment

China's largest memory chipmaker, ChangXin Memory Technologies (CXMT), is set to debut on the Shanghai Stock Exchange after raising $8.6 billion in Asia's biggest IPO this year, highlighting the success of China's state-backed push to build domestic semiconductor champions and AI infrastructure.

Read the full story at Markets-Economic Times →