BEIJING: Chinese chip maker Changxin Memory Technologies Inc (CXMT) is delaying its initial public offering (IPO) and will consider raising funds at a valuation of 140 billion yuan ($19.51 billion), Bloomberg News reported on Monday.
Changxin completed a shareholder restructuring around the middle of 2023 to prepare for the potential listing, the report said, citing people familiar with the…
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News Source: www.brecorder.com
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