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Chinese Chipmaker YMTC Files for $4.9 Billion Shanghai IPO
Chinese flash-memory chipmaker YMTC has filed for an initial public offering (IPO) in Shanghai, aiming to raise $4.9 billion. This move brings the company closer to its public listing and signifies a significant development in China's semiconductor industry.
21 Aug, 07:51 — 21 Aug, 14:44
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bloombergHigh2h ago
China Chipmaker YMTC Seeks to Raise $4.9 Billion in Shanghai IPO
Chinese chipmaker Yangtze Memory Technologies Co., known as YMTC, plans to raise 33 billion yuan ($4.9 billion) in a Shanghai initial public offering, following in the footsteps of rival CXMT Corp.’s near-record share sale.
By Foster Wong
Read full article →caixin-globalMostly Factual9h ago
Tech Brief (Aug. 21): Memory-Chip Maker YMTC Moves Closer to Shanghai IPO - Caixin Global
Tech Brief (Aug. 21): Memory-Chip Maker YMTC Moves Closer to Shanghai IPO Caixin Global
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First report: caixin-global · 21 Aug, 07:51|Full coverage: 4 · 8h|Window: 8h
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