Kioxia’s IPO Debut Surges, Valuing Japanese Chipmaker at $5.8 Billion
Shares of Kioxia (285A.T) surged 14% on their debut, giving the Bain Capital-backed memory chip manufacturer a valuation of over 890 billion yen ($5.80 billion). This...
Etiket: U.S.-China trade tensions
China’s Factory Activity Expands for Second Month Amid Stimulus and Trade Uncertainty
China’s manufacturing sector showed modest growth for the second consecutive month in November, with the official purchasing managers’ index (PMI) rising to 50.3, a seven-month high,...