CXMT’s $8.6 billion IPO attracts solid institutional demand as chip stock selloff chills appetite

China’s largest memory chipmaker secured robust interest from institutions for its $8.6 billion IPO, though demand cooled compared to some other recent large listings as investors pulled back in the face of a global selloff of chip shares. Chinese memory chip manufacturer CXMT Corp. Received strong interest from institutional investors for its $8.6 billion initial […]