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China chipmaker CanSemi seeks to raise up to $918.5 million in Shenzhen listing

๐Ÿ”Œ This Chipmaker Is Chasing Major Millions

Published by OOPSONLINE.IN ยท Source: The Economic Times ยท 1 min read ยท ยท Updated

๐Ÿ‘€ OOPS SAYS

If they successfully raise nearly a billion dollars, weโ€™re going to need them to officially rebrand to CanFully.

What actually happened

Chinese chipmaker CanSemi Technology is seeking to raise 6.16 billion yuan ($918.5 million) in a Shenzhen listing after pricing its shares at 12.01 yuan each, a company filing showed on Wednesday.

Key points

  • Chinese chipmaker CanSemi Technology is seeking to raise 6.
  • 16 billion yuan ($918.
  • 5 million) in a Shenzhen listing after pricing its shares at 12.
  • 01 yuan each, a company filing showed on Wednesday.

Summary based on data provided by The Economic Times. Full article available at the original publisher.

  • #technology
  • #china
  • #chipmaker
Read the original at The Economic Times
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