Secretive China chipmaker CXMT, built to dodge US curbs, launches $4.3B China IPO, Bloomberg reports

Bloomberg reports that CXMT, a secretive Chinese memory chipmaker founded by a US-trained entrepreneur, is launching a $4.3 billion IPO in China. The company uses a largely domestic supplier network to shield itself from US restrictions.

• Secretive China Chipmaker Is Built to Dodge US Curbs
• Memory Chipmaker CXMT to Launch $4.3 Billion China IPO Next Week