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China: Chip giant CXMT aims to raise 8.6 billion euros in IPO

Chinese semiconductor manufacturer CXMT announces its IPO.

Published 7sem5 sourcesConfirmedImportantupdated 3j
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The fact

The operation could raise up to 8.6 billion euros, a record for the sector.

This fundraising aims to finance its expansion amid international competition.

5 sources — click a link to read an article on the topic:

Why it matters

Cette introduction en Bourse est la plus importante jamais envisagée pour un fabricant chinois de puces, reflétant l’ambition de Pékin dans un secteur stratégique sous tension géopolitique.

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Jul 15China: Chip giant CXMT aims to raise 8.6 billion euros in IPOthis article
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