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China Chip Stocks Retail Investors Are Watching After CXMT IPO Buzz
State supported IPOs are back in the spotlight as CXMT’s government backed push into DRam chips draws global attention, fresh profits of Rmb33bn in Q1 2024 and talk of a potential Rmb3tn listing. For retail investors, this kind of news can ripple far beyond CXMT itself, affecting suppliers, rivals and policy aligned peers. This article breaks down 3 stocks from a State Supported IPOs screener that appear closely tied to the themes of domestic chip self sufficiency, sensitive cross border tech...