China’s Memory Chip Giants Are Going Public. How to Play Them.
In a recent Barron's article, Tanner Brown covered China's two memory chip giants going public, ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies (YMTC), at a moment when AI-driven demand has created a global memory shortage and sent prices soaring.
The piece highlighted the KraneShares China Technology & Semiconductor STAR Market 50 Index ETF (Ticker: KSTR) for investors looking to access CXMT, noting that its size makes it a plausible future constituent of the STAR Market 50 index that KSTR tracks, with CXMT's first-quarter revenue surging 719% year over year and its IPO set to value the company at roughly $85 billion when it begins trading July 27.
This material contains the author's opinion. It is provided for informational purposes only and should not be regarded as investment advice or a recommendation of specific securities.
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