Flash memory maker YMTC is pushing ahead with plans for a Shanghai IPO as soon as early 2027

What happened: Chinese NAND flash maker YMTC is pushing ahead with plans for a Shanghai IPO as soon as early 2027, according to Bloomberg. Key numbers: Planned raise of 33 billion yuan ($4.9 billion). Target timing as soon as early 2027. Why it matters: The filing would take the Chinese NAND flash maker to a domestic public market, with the reported size of the offering indicating the scale of capital it seeks to raise.

Chinese NAND flash maker YMTC is pushing ahead with plans for a Shanghai IPO as soon as early 2027, according to Bloomberg.

The filing would take the Chinese NAND flash maker to a domestic public market, with the reported size of the offering indicating the scale of capital it seeks to raise.