BEIJING, July 16 (Reuters) – 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%, the filing said.
(Reporting by Beijing Newsroom; Editing by Louise Heavens)
