Chinese market regulators approve IPO of chip unit byd

2022-02-03

Market regulators for China's Shenzhen-based ChiNext board announced late on Wednesday the approval of the pending initial public offering (IPO) of the semiconductor unit of Chinese automaker BYD Co Ltd.

The automaker originally filed for an IPO for BYD Semiconductor in Shenzhen in May 2021. However, in August, the company was forced to halt plans as a firm advising in its IPO process faced a regulatory probe.The company aims to raise 2 billion yuan ($314.25 million), according to its most recent prospectus.

BYD Semiconductor's IPO comes as global supply chains face a chip shortage, which originated in the automotive sector.

The division makes and sells power semiconductors, intelligent control integrated circuits, intelligent sensors, and optoelectronic semiconductors, according to company filings.

If you wish to leverage on this , consider using DLCs

$BYD ELECTRONIC(00285)$

5x short $BYDElec 5xShortSG221013(DGXW.SI)$

5x long $BYDElec 5xLongSG221013(DDXW.SI)$

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

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蓝玉胡
2022-02-09
蓝玉胡
这样文章合为时而著作文题目是啥啊？

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However, in August, the company was forced to halt plans as a firm advising in its IPO process faced a regulatory probe.The company aims to raise 2 billion yuan ($314.25 million), according to its most recent prospectus.BYD Semiconductor's IPO comes as global supply chains face a chip shortage, which originated in the automotive sector.The division makes and sells power semiconductors, intelligent control integrated circuits, intelligent sensors, and optoelectronic semiconductors, according to company filings. 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