Filing: SMIC-backed Semiconductor Manufacturing Electronics Shaoxing plans to raise $1.4B in an IPO on Shanghai's STAR Market as Beijing battles US curbs (Bloomberg)

Bloomberg:
Filing: SMIC-backed Semiconductor Manufacturing Electronics Shaoxing plans to raise $1.4B in an IPO on Shanghai's STAR Market as Beijing battles US curbs  —  A chip foundry backed by China's top semiconductor firm is set to raise $1.4 billion in Asia's biggest initial public offering so far this year …