Chinese Chip Firm's IPO Valuation Scrutinized Amid Crypto Platform Link

A Chinese chip firm's IPO valuation, making it China's most valuable company, is drawing scrutiny due to offshore investors using crypto platforms for parallel market access.

23 Jul, 03:28 — 23 Jul, 03:28

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cnbcMostly Factual2d ago

Chip firm priced as China's most valuable company before its IPO brings scrutiny to crypto platform

The outsized premium was due in part to offshore investors who, locked out of the highly anticipated listings, turned to crypto for a parallel market.

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Chinese Chip Firm's IPO Valuation Scrutinized Amid Crypto Platform Link

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Chip firm priced as China's most valuable company before its IPO brings scrutiny to crypto platform

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