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Reuters128d agoneutral

China's top flash-memory chipmaker YMTC begins pre-IPO coaching with investment bank

China's top flash memory chipmaker YMTC has begun the so-called "tutoring" process ‌for a potential initial public offering, where ‌a company receives formal pre-IPO guidance from an investment bank, a regulatory filing showed on Tuesday. Yangtze Memory Technologies Co (YMTC) has hired CITIC Securities, a Chinese state-owned investment bank, to guide its IPO preparation ahead of ‌a potential stock ⁠market listing.

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GuruFocus.com129d agobullish

CXMT Revenue Surges 700% Ahead of Planned China IPO

Chinese memory chipmaker posts more than 20 billion yuan profit as AI-driven DRAM demand lifts pricing.

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