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Chinese chipmaker YMTC files for $4.6 billion STAR market IPO after fellow CXMT’s record debut
Chinese NAND flash memory chipmaker Yangtze Memory Technologies Co (YMTC) has taken a major step toward a public listing. The Shanghai Stock Exchange’s STAR market has accepted the company’s initial public offering (IPO) application, according to its official website. YMTC plans to raise 33 billion yuan ($4.6 billion) from the IPO. If successful, YMTC would rank as the third-largest IPO in STAR market history.
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caixinglobal.com
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channelnewsasia.com
Chinese flash-memory chipmaker YMTC plans to raise $4.9 billion in Shanghai IPO
BEIJING, Aug 21 : Chinese chipmaker Yangtze Memory Technologies Corp's (YMTC) application to list its shares in Shanghai has been accepted by the financial hub's stock exchange,…
