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Market Chatter: ChangXin Memory Technologies' Stock Market Debut Set for July 27, Sources Say

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Chinese top chip manufacturer ChangXin Memory Technologies (SHA:688825) could debut on the Shanghai Stock Exchange on July 27, Reuters reported Tuesday, citing two people familiar with the matter.

Book-building for the IPO could start Wednesday. CXMT could raise up to 29.5 billion yuan to be Asia's largest IPO so far this year, according to the report.

CXMT did not immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Sandfire Resources Possesses More Attractive Development Opportunities Besides Montana Project, Jefferies Says

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