Chinese flash-memory chipmaker YMTC plans to raise $4.9 billion in Shanghai IPO
YMTC (Yangtze Memory Technologies) logo and a computer motherboard are seen in this illustration taken April 14, 2026. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tabBEIJING, Aug 21 (Reuters) - 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, filings showed on FridayThe move sets the stage for a 33 billion yuan ($4.9 billion) share sale on Shanghai's Nas...
Read more at reuters.com