CXMT’s mega IPO draws frenzy from retail investors to DeepSeek founder’s fund
As soon as ChangXin Memory Technologies opened its blockbuster initial public offering to public subscription on Thursday morning, Luo Yi applied for 86,000 shares – despite acknowledging that she knew little about the semiconductor industry. The 60-year-old stock investor from southwestern Sichuan province was encouraged by her securities account manager, who told her that CXMT’s unusually large share sale could produce a higher allotment rate than most Chinese mainland IPOs. Luo’s application.
Record details
Published: 16 July 2026
Source: SCMP Tech (HK/CN)
Category: News
Topics: Finance, VC & PE
Retrieved: 17 July 2026
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ethics.ai (16 July 2026), “CXMT’s mega IPO draws frenzy from retail investors to DeepSeek founder’s fund,” evidence record 11276, https://ethics.ai/record/11276 (originally published by SCMP Tech (HK/CN)).
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