How China DRAM champion CXMT’s MSCI entry could lure fund inflows, cement its top ranking

The inclusion of ChangXin Memory Technologies (CXMT) in a broad MSCI gauge of Chinese stocks may strengthen the chipmaker’s position as the most valuable stock on the onshore market, with the move expected to spur passive buying, analysts say. CXMT, China’s biggest maker of dynamic random access memory (DRAM) chips used mostly in electronic products, joined the MSCI China All Shares Index on Monday. The benchmark tracks yuan-denominated stocks as well as mainland Chinese companies trading in...