The IPO plans of nine Chinese semiconductor firms are expected to raise a total of US$3 billion from investors. Photo: Shutterstock
Tech war: fresh funding pipeline enables China’s sanctions-hit semiconductor industry to cope with latest US trade restrictions
- The recently approved IPO plans of nine Chinese semiconductor firms are expected to raise a total of US$3 billion from investors
- That comes hot on the heels of the go-ahead received by Hua Hong Semiconductor for its US$2.5 billion listing on Shanghai’s Star Market
The IPO plans of nine Chinese semiconductor firms are expected to raise a total of US$3 billion from investors. Photo: Shutterstock