Mainland memory firms eye Hong Kong for funds to fuel ‘global ambitions’

A number of mainland-based suppliers of memory chips and storage solutions are pursuing share listings in Hong Kong, signalling a strategic change in how the sector aims to fuel its global ambitions, according to analysts. The most watched firm is Shanghai-based Montage Technology, a designer of high-speed interconnect chips for data centres, which is taking orders from institutional investors and is set to debut on the Hong Kong stock exchange on Monday. Montage, which listed in Shanghai in...


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