Chinese flash memory chipmaker YMTC says it officially initiated a pre-listing tutoring process with local brokers, marking the first formal step toward an IPO (Bloomberg)

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Bloomberg:
Chinese flash memory chipmaker YMTC says it officially initiated a pre-listing tutoring process with local brokers, marking the first formal step toward an IPO  —  Yangtze Memory Technologies Co. has begun the process for a long-awaited initial public offering, tapping red-hot demand …

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