YMTC Files for $4.9 Billion IPO on Shanghai Stock Exchange

YMTC files for $4.9 billion IPO on Shanghai Stock Exchange

The Wuhan-based memory chip maker plans to issue new shares equal to 10% to 12% of its post-offering capital, with proceeds earmarked for production upgrades

China’s next mega chip listing could break CXMT’s market records

IPO funds to fuel YMTC parent CCSH’s expansion, with nearly US$5 billion set aside to boost chipmaking capacity and accelerate R&D.

Can China’s flash memory giant YMTC smash Shanghai Star Market IPO records?

China is gearing up for what could become its next record-breaking semiconductor stock listing as the parent company of chip giant Yangtze Memory Technologies Corporation (YMTC) prepares to go public on Shanghai’s Star Market. CCSH Corporation, parent of China’s top NAND flash maker, planned to…