News
|
Semiconductor

Chip manufacturer Changxin postpones IPO

Share
Copied!

Published: December 13th, 2023,
Last updated: May 28th, 2025

The chip manufacturer Changxin is one of the companies that China wants to use to catch up with the USA in the semiconductor competition.

The chip manufacturer Changxin Memory Technologies from Hefei has put its IPO in Shanghai, originally planned for this year, on hold for the time being. This is yet another company that has canceled its listing due to the volatile market conditions. Following discussions with the stock exchange supervisory authority and potential investors, the company has decided to wait for a better environment before going public on the Shanghai tech board Star, Bloomberg reported on Tuesday, citing unnamed sources.

Sign up now and continue reading immediately

No credit card details required. No automatic renewal.

Share
Copied!
Technologie Autoindustrie Technology Semiconductor Stock Exchange