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CanSemi Tech Joins China Chip IPO Wave With $919 Million Deal
Source: Bloomberg
IPOs & SPACsTechnology & InnovationGeopolitics & War
Chinese chip foundry CanSemi Technology plans to raise about 6.16 billion yuan ($919 million) through an IPO on Shenzhen’s ChiNext board. The proposed listing reflects growing semiconductor-sector fundraising amid Beijing’s strategic push for domestic technology self-reliance.
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