Bull Market Morning Brief: CXMT to Start IPO Subscription on July 16, IMF Raises China's Growth Forecast

Memory chip giant CXMT (ChangXin Memory Technologies) released its prospectus for a STAR Market IPO on July 9, with both offline and online subscription dates set for July 16, under the stock code 688825. Meanwhile, an IMF report forecasts China's economy will grow by 4.6% in 2026, driven primarily by growth in high-tech manufacturing and increased exports.