CXMT'S Shanghai IPO more than 200 times oversubscribed by retail investors

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A sign for STAR Market, China's new Nasdaq-style tech board, is seen after the listing ceremony of the first batch of companies at Shanghai Stock Exchange (SSE) in Shanghai, China July 22, 2019. REUTERS/Stringer ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. CHINA OUT.
FILE PHOTO: CXMT logo and computer motherboard are seen in this illustration taken April 14, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

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BEIJING, July 16 : Chinese chipmaker CXMT's Shanghai STAR Market IPO was more than 200 times oversubscribed by retail investors, according to an exchange filing on the share offering.

The final lot-winning rate in the so-called "online tranche" of the offering - mainly for retail investors - was 0.47141739 per cent, the filing said.

Source: Reuters

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