China's new laws encourage chipmakers to merge instead of going public — policy shift comes after tens of thousands of Chinese semiconductor firms went out of business

2 months ago 19

Chinese semiconductor companies shift focus from IPOs to mergers and acquisitions as Chinese authorities are looking forward to building strong companies rather than a huge number of weak companies.

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3. China's new laws encourage chipmakers to merge instead of going public — policy shift comes after tens of thousands of Chinese semiconductor firms went out of business