YMTC targets Shanghai stock market listing in early 2027

First reported by Bloomberg at · Updated · 2 sources

Yangtze Memory Technologies Co. is China's largest NAND flash memory maker, according to Bloomberg, which cites people familiar with its listing plans. The company aims to raise 33 billion yuan, or $4.9 billion, Quartz reports, citing Bloomberg, with the offering potentially arriving in the first quarter of 2027.

Covered by 2 publishers within 8 hours of the first report.

Reporting2

Bloomberg Chinese Flash Memory Giant YMTC Said to Target IPO in Early 2027 · Bloomberg News
Quartz Flash memory maker YMTC is pushing ahead with plans for a Shanghai IPO as soon as early 2027 · Cris Tolomia