Wall St Engine(@wallstengine):YMTC FILES FOR $4.9B SHANGHAI IPO Chinese NAND flash giant YMTC, a rival to SanDisk $SNDK, plans to raise $4.9B after its listing application was accepted by the Shanghai Stock Exchange. The IPO is set for Shanghai’s STAR Market and would rank among the market’s largest-ever offerings, following fellow Chinese memory maker CXMT’s $9.9B listing.

Wall St Engine

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Wall St Engine@wallstengine

2026.08.21 13:21

YMTC FILES FOR $4.9B SHANGHAI IPO Chinese NAND flash giant YMTC, a rival to SanDisk $SNDK, plans to raise $4.9B after its listing application was accepted by the Shanghai Stock Exchange. The IPO is set for Shanghai’s STAR Market and would rank among the market’s largest-ever offerings, following fellow Chinese memory maker CXMT’s $9.9B listing.