Chinese Banks to Net $41M from Chipmaker’s $8.6B IPO
ChangXin Memory Technologies (CXMT) is set to pay six Chinese investment banks at least $41 million in fees for its $8.6 billion initial public offering, according to company filings. The Economics of China’s Semiconductor IPOs The fee structure for the CXMT listing stands out for its austerity. According to LSEG data, the company expects to … Read more