Global Investors Hunt For Creative Backdoors Into China’s Mega CXMT IPO

Global investors largely shut out of China’s biggest IPO in nearly four years are looking at creative proxy trades as a way to profit from the country’s fast-rising memory-chip leader.

By Winnie Hsu · Bloomberg Markets

Global investors largely shut out of China’s biggest IPO in nearly four years are looking at creative proxy trades as a way to profit from the country’s fast-rising memory-chip leader.