CXMT IPO More Than 200 Times Oversubscribed by Retail Investors
By Reuters | 16 Jul, 2026
China's leading chipmaker is seeing unparalleled demand for its share for its upcoming debut on the Shanghai exchange.
Chinese chipmaker CXMT's Shanghai STAR Market IPO was more than 200 times oversubscribed by retail investors, according to an exchange filing on the share offering.
The final lot-winning rate in the so-called "online tranche" of the offering - mainly for retail investors - was 0.47141739%, the filing said.
(Reporting by Beijing Newsroom; Editing by Louise Heavens)
© 2026 by Asian Media Group Inc.
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