CXMT heads to Shanghai’s STAR Market after an IPO expected to raise $8.5B+
pstAsiatech · x · 2026-07-24
CXMT is set to start trading on Shanghai’s STAR Market next Monday after an IPO expected to raise more than $8.5 billion.
The post says roughly 30% of the company is held by Hefei-owned firms and investment funds, and that stake could be worth tens of billions of dollars.
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