China Chipmaker YMTC Seeks to Raise $4.9 Billion in Shanghai IPO
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.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.