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Chinese foundry CanSemi seeks US$918M ChiNext listing

Yunnie Cheng, DIGITIMES, Taipei
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Credit: TechNews

Guangzhou-based wafer foundry CanSemi Technology has set its initial public offering (IPO) price at CNY12.01 per share on Shenzhen's ChiNext board. The company aims to raise CNY6.16 billion (approx. US$917.9 million) by issuing 512.6 million new shares.

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