Institutional demand for CXMT’s $8.6 billion Shanghai IPO dented by chip stock selloff

🇨🇳 Investing.com (CN) —
Institutional demand for CXMT’s $8.6 billion Shanghai IPO dented by chip stock selloff

AI Summary

Institutional interest in CXMT’s $8.6 billion Initial Public Offering in Shanghai has been negatively impacted by the recent selloff in chip stocks. This development reflects broader market concerns affecting major tech-related IPOs.

Markets Deals AI & Tech CXMT IPO chip stocks Shanghai institutional demand stock selloff

Read original source →