YMTC Is Pushing Ahead with Shanghai IPO as Soon as Early 2027

YMTC is pushing ahead with Shanghai IPO as soon as early 2027

The Chinese NAND flash maker plans to raise 33 billion yuan ($4.9 billion) in the offering, according to Bloomberg

Chinese Flash Memory Giant YMTC Said to Target IPO in Early 2027

Yangtze Memory Technologies Co., China’s biggest NAND flash memory maker, is targeting an initial public offering on the Shanghai Stock Exchange as soon as the first quarter of 2027, people familiar with the matter said.

YMTC targets a Shanghai IPO in early 2027 as the memory shortage drags on

Yangtze Memory's parent, CCSH, wants 33 billion yuan ($4.9 billion) from a STAR Market listing valued at up to $49 billion. Reuters says a market slump froze the deal weeks ago, while Bloomberg says early 2027 is still the target.