Can China’s flash memory giant YMTC smash Shanghai Star Market IPO records?

China is gearing up for what could become its next record-breaking semiconductor stock listing as the parent company of chip giant Yangtze Memory Technologies Corporation (YMTC) prepares to go public on Shanghai’s Star Market.
CCSH Corporation, parent of China’s top NAND flash maker, planned to sell between 1.98 billion and 2.43 billion shares, equivalent to 10 to 12 per cent of its enlarged share capital, according to a prospectus made public on Friday. An overallotment option of up to 15 per...