China's leading memory chipmaker, ChangXin Memory Technologies (CXMT), is scheduled to debut on the Shanghai Stock Exchange on July 27, according to two people familiar with the matter, Reuters reported.
The company said last week it will begin book-building for its initial public offering (IPO) on July 15 as it seeks to raise 29.5 billion yuan ($4.35 billion) through a listing on Shanghai's Nasdaq-style STAR Market.