Chinese chip foundry CanSemi Technology Inc. is seeking to raise about 6. 16 billion yuan ($919 million) in an initial public offering on the Shenzhen stock exchange’s ChiNext board, joining a growing list of companies in the industry capitalizing on Beijing’s drive for tech self-reliance.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-09-23/cansemi-tech-joins-china-chip-ipo-wave-with-919-million-deal)