Business

China's Memory Chipmaker Faces Cash Drain Fears

Updated 2026-07-24 02:10 UTC 1 source Negative

CXMT, China's largest memory chipmaker, is facing concerns that its upcoming IPO could lead to a cash drain in the country's equity markets.

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CNBC
CXMT is stoking fears that its blockbuster stock market debut could pull cash from China's equities.
2026-07-24 02:00 UTC
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