China’s top DRAM maker CXMT begins IPO process
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What happened: On July 7, ChangXin Memory Technologies (CXMT) officially began its IPO application process, according to filings with the securities regulator (CSRC).
Some context: Founded in 2016, CXMT is China's top dynamic random-access memory (DRAM) maker with a valuation of RMB 140 billion in a...