Chinese Memory Chip Maker CXMT Plans Shanghai Stock Market Debut with Valuation of $42 Billion
2025-10-21 / Read about 0 minute
Author:小编   

Two sources familiar with the matter revealed that Chinese memory chip manufacturer ChangXin Memory Technologies, Inc. (CXMT) plans to launch its initial public offering (IPO) in Shanghai during the first quarter of 2026, with a target valuation of up to 300 billion yuan (approximately $42.12 billion).