Chinese Banks Set for $41 Million Payday from Chipmaker CXMT's $8.6 Billion IPO

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Finance

16 July 2026 at 3:25 pm

Chinese Banks Set for $41 Million Payday from Chipmaker CXMT's $8.6 Billion IPO

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Summary

Six Chinese investment banks are set to earn at least $41 million from chipmaker CXMT's $8.6 billion IPO, marking a significant boost to the industry's income pool and continuing the revival of the onshore market.

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