Chinese memory makers ChangXin and Yangtze to list on Star Market in the second half of the year
ChangXin Memory and Yangtze Memory will be listed on China’s Nasdaq-like Star Market in the second half of this year. The two companies rank among the global leaders in DRAM and NAND, respectively, and Wall Street investors’ interest is showing up as an inflow of funds into China semiconductor-related investment products.4. The two companies rank among the global leaders in DRAM and NAND, respectively, and Wall Street investors’ interest is showing up as an inflow of funds into China semiconductor-related investment products.
ChangXin Memory and Yangtze Memory will be listed on China’s Star Market in the second half of this year. This news is becoming a backdrop for investors’ attention to Chinese memory makers.
The two companies are among the global leaders in DRAM and NAND flash markets, respectively.4They are in a position to challenge Samsung Electronics, SK Hynix, and Micron.
Wall Street investors are showing interest in these listings. According to the article, an inflow of funds into investment products has already been confirmed.
Amid a global shortage of memory demand, the fact that CXMT and Yangtze Memory Technologies are showing sharp growth drew investor attention. Expectations for an IPO have risen on the back of that growth.
Investors, including Derrick Yan, senior at New York-based China-focused investment firm KraneShares, are said to be watching the listing closely. The specific offering size and listing schedule will be finalized once each company’s disclosure is released.
The article also notes that fund inflows are being observed into related exchange-traded funds and China semiconductor theme products. After the listing, disclosures and trading conditions are expected to be key variables in investment decisions.
Sources: 연합인포맥스
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