Filings: China's Big Fund invests $1.99B in DRAM maker Changxin Xinqiao, or 33.15% of its total registered capital, part of plans to build 12-inch memory wafers (Reuters)

Reuters:

Filings: China’s Big Fund invests $1.99B in DRAM maker Changxin Xinqiao, or 33.15% of its total registered capital, part of plans to build 12-inch memory wafers  —  China’s state-backed chip investment fund has invested 14.56 billion yuan ($1.99 billion) in a memory chip company called Changxin Xinqiao, records showed.