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…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: July 19, 2026 15:35:11 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 15:35:11 IST

Recent Posts

Shelton ready for US Open showdown with Alcaraz; Tsitsipas laments loss of one-handed backhand

VIDEO SHOWS: US OPEN DAY EIGHT POST MATCH PRESS CONFERENCE SOUNDBITES FROM BEN SHELTON, STEFANOS…

September 7, 2026

UPDATE 1-Saudi PIF launches firm to develop tourism, residential area on Gulf coast 

(Updates throughout; changes sourcing) DUBAI, Sept 7 (Reuters) - Saudi Arabia's Public Investment Fund (PIF)…

September 7, 2026

Huawei launches new foldable smartphone; Xiaomi and Apple set to follow

By David Kirton and Eduardo Baptista GUANGZHOU/BEIJING, Sept 7 (Reuters) - Huawei launched its new…

September 7, 2026