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Sources: Chinese memory chipmaker Changxin is delaying its Shanghai IPO for a more favorable market and instead plans to raise funds at a $19.5B valu


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2023-12-12 04:53:09
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Cybersecurity Business

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Dong Cao / Bloomberg:

Sources: Chinese memory chipmaker Changxin is delaying its Shanghai IPO for a more favorable market and instead plans to raise funds at a ~$19.5B valuation  —  - Government-backed Changxin put Shanghai IPO on the backburner  — Changxin among the firms key to China's goal of matching US




Dong Cao / Bloomberg:

Sources: Chinese memory chipmaker Changxin is delaying its Shanghai IPO for a more favorable market and instead plans to raise funds at a ~$19.5B valuation  —  - Government-backed Changxin put Shanghai IPO on the backburner  — Changxin among the firms key to China's goal of matching US



Source: TechMeme
Source Link: http://www.techmeme.com/231211/p26#a231211p26


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