Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Chinese Flash Memory Giant YMTC Said to Target IPO in Early 2027
Business & Finance

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

Bloomberg Technology Wednesday 11 November 2026, 07:27 UTC By Bloomberg News 1 min read
Key Points

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. The Wuhan-based company’s plan to list on the tech-focused Star board in Shanghai remains in progress, said the people who asked not to be identified as the discussions are private. Reuters reported last week...

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. The Wuhan-based company’s plan to list on the tech-focused Star board in Shanghai remains in progress, said the people who asked not to be identified as the discussions are private. Reuters reported last week that the IPO was on hold, citing a company memo and people familiar with the matter. The company in September moved to the next stage in the process toward a deal with a planned fundraise of 33 billion yuan ($4.9 billion).
Chinese Flash Memory Giant YMTC (ORG) Target IPO (ORG) China (LOCATION) the Shanghai Stock Exchange (ORG) Wuhan (LOCATION) Star (ORG) Shanghai (LOCATION) IPO (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

OpenAI reports steep losses despite quarterly revenue rise

OpenAI's quarterly revenue rose about 50% to $10 billion in the third quarter. However, the group behind ChatGPT continued to post steep operating losses, according to the Wall Street Journal. According to documents viewed by The Wall Street Journal, OpenAI told investors that its adjusted operating margin improved to -109% from -150% in the previous quarter.

Euronews 6m ago

Mining equipment manufacturer reveals plans to phase out 265 jobs

Komatsu closure and 265 job losses 'absolute gut blow' for Southern Highlands In short: About 265 jobs will go at Komatsu Mining's Moss Vale plant as the company phases out operations by 2030. Southern Highlands business leaders put the potential hit to the local economy at about $20 million a year. What's next: Federal Labor MP for Whitlam, Carol Berry, will meet Komatsu on Thursday to ask why it is closing the plant and how it plans to support workers.

ABC Australia 8m ago

Allianz CIO Says Markets Are Underestimating Inflation Surge

Nov 11th, 2026 Allianz CIO Says Markets Are Underestimating Inflation Surge Allianz Chief Investment Officer and Chief Economist Ludovic Subran says, "The second inflation shock is not sized properly, not only by markets, but by policymakers." He speaks on Bloomberg Television after US short-term bond yields surged by the most in 19 months on a faster-than-expected rise in consumer prices and warnings by Federal Reserve officials that interest rates may need to be hiked more aggressively.

Bloomberg Markets 12m ago

Nvidia’s value tumbles by $430bn since spy allegations, as major US law firm hired to investigate claims – business live

Rolling coverage of the latest economic and financial newsNvidia is facing a test of “institutional confidence”, warns Waleed Said, technical analyst at brokerage GivTrade:Nvidia’s 5.47% decline to $168.89, extending its losses for a second consecutive session, has transformed an executive controversy into a test of institutional confidence. Approximately $430 billion in market value has reportedly disappeared across the two sessions as investors confront allegations involving CEO Jensen...

The Guardian Business 15m ago