Shanghai STAR Market - Daily Scope 24

YMTC IPO: China’s NAND champion files for $4.9 billion Shanghai listing

August 24, 2026 by Daily Scope 24

YMTC IPO Shanghai: 3D NAND wafer stack over stylized skyline silhouette with jade and vermillion accents

YMTC IPO: parent CCSH filed Aug. 21 for a 33 billion yuan ($4.9B) Shanghai STAR Market listing. Q1 2026 revenue hit 47 billion yuan. TrendForce ranks YMTC No. 3 globally in NAND — behind Samsung and SK Hynix, ahead of Micron in shipments.