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China Chipmaker YMTC Seeks to Raise $4.9 Billion in Shanghai IPO

2 sources ·2 articles ·54m ago

2 outlets - including Investing and Bloomberg - are covering this story. 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.

Covered by 2 outlets

All coverage · 2 articles