Categories: Business News

Institutional demand for CXMT's $8.6 billion Shanghai IPO dented by chip stock selloff

SHANGHAI/BEIJING, July 19 (Reuters) – Chinese chipmaker CXMT Corp's $8.6 billion initial public offering was more than 500 times oversubscribed by institutional investors, according to a filing on(The…

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Published: July 19, 2026 15:00:08 IST

SHANGHAI/BEIJING, July 19 (Reuters) – Chinese chipmaker CXMT Corp's $8.6 billion initial public offering was more than 500 times oversubscribed by institutional investors, according to a filing on

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: July 19, 2026 15:00:08 IST

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