Sources: Chinese memory chipmaker Changxin is delaying its Shanghai IPO for a more favorable market and instead plans to raise funds at a ~$19.5B valuation (Dong Cao/Bloomberg)

Dong Cao / Bloomberg:

Sources: Chinese memory chipmaker Changxin is delaying its Shanghai IPO for a more favorable market and instead plans to raise funds at a ~$19.5B valuation  —  - Government-backed Changxin put Shanghai IPO on the backburner  — Changxin among the firms key to China's goal of matching US

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